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re: Tesla is just months from a total collapse, says hedge-fund manager

Posted on 5/2/18 at 3:42 pm to
Posted by barry
Location, Location, Location
Member since Aug 2006
50382 posts
Posted on 5/2/18 at 3:42 pm to
quote:

Tesla said it expects a GAAP profit and positive cash flow in the third and fourth quarters of 2018.




quote:

It also reduced its capital expenditures projections for the year, to $3 billion from $3.4 billion.


That's about the only way they will get there, throttle back on their insane Capex spend.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167885 posts
Posted on 5/2/18 at 5:28 pm to
Elon apparently cut off someone asking questions on the earnings call and sent the price tumbling after hours


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