Quote:
Originally Posted by JSH
The big deal is that Tesla is promising a Chinese factory, the Semi, the Model Y, and the new Roadster within 2 years. The Gigafactory alone will likely burn up all of Tesla's remaining cash this year. Where do they get money for tooling up 3 new models?
Tesla stock dropped 8% yesterday. Do you think the market is in the mood to loan Tesla another $5-6 billion in capital?
Closing their store in states that allow direct sales does nothing to allow Tesla to sell cars in states that don't allow direct sales.
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The Shanghai factory is mostly being financed locally, and the Semi and Roadster are likely going to be lower volume, especially initially, so I don't think they'll have trouble there. They'll spend some more at GF1, but I don't think it'll run them dry this year because Panasonic provides the capital for the battery production hardware. They'll need a decent chunk of change for the Model Y, probably more than for GF1, although keeping it close to the 3 should help with that.
https://cleantechnica.com/2019/01/31...gigafactories/