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Originally Posted by BWillie
Tesla is in no shortage to receive funding though. They are given money hand over fist over and over again.
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You should have bought Tesla's existing debt for pennies on the dollar. Their new issuances are junk bond ratings and the last time they tried to secure more debt they had to put the Fremont factory up as collateral.
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Musk said the company was “bleeding money like crazy” as it worked through the Model 3 production ramp in the spring and summer. He said the company “came within single-digit” weeks of death before it was able to meet its Model 3 production goals.
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They've definitely been walking a fine line. It looks like they might be cash flow positive for a year for the first time if things keep up. That's huge, as I think it'd get them into the S&P 500. Amazon's been in the S&P since 2005 and cash flow positive every year since.