Thread: Tesla Model 3
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Old 03-02-2019, 02:27 AM   #935 (permalink)
roflwaffle
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Quote:
Originally Posted by JSH View Post
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.
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/
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