10 months remaining with current cash said Elon Musk

10 months remaining with current cash said Elon Musk

It is suprising to see that after the fundraiser at the beginning of May we read Elon Musk's email sent to the manufacturer's employees.

The first three months of 2019 have shown not only an economic account in red for over $700 million but also very significant delivery difficulties. This bottleneck effect is slowing down the group's cash flow.

Tesla Q1 2019 Letter

As we said, the next 10 months will be decisive, we can imagine the pressure that employees are currently under. The orders are numerous, the complaints too and the purchasing aids are starting to disappear. Those, first created to stimulate switching to electric, become a colossal burden for governments "because of" Tesla and its "affordable" vehicle.


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