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Politics : Formerly About Advanced Micro Devices
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To: PKRBKR who wrote (1068145)5/7/2018 5:09:06 PM
From: Tenchusatsu  Read Replies (2) of 1578110
 
Pkrbkr,
I believe the faucet has been shut
I've only started to look more closely at Tesla's finances, and the cash burn rate is pretty eye-opening.

Gas prices are going up again, so maybe that could drive more demand for Tesla's vehicles. But it seems to me that demand isn't the problem. Instead, it's Tesla's ability to deliver, and right now that seems suspect.

By the way, what do you mean "the faucet has been shut"? Subsidies for electric vehicles continue, and if Tesla really wanted to, they can get additional rounds of funding, albeit under less and less favorable terms.

Tenchusatsu
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