Tesla's Model 3 volume production target pushed back again

Re:Tesla's Model 3 volume production target pushed back again by flunhat on Wednesday January 03, 2018 @05:38PM (#16066032)

How long does Tesla have before it runs out of cash? I know they just had a bond sale or something, but I'm fuzzy on the details.

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Re:Tesla's Model 3 volume production target pushed back again by r00fus on Wednesday January 03, 2018 @07:00PM (#16066698)

They have well over $3B cash on hand and no problems with the bond/credit markets.

Do you think they'll still be burning all this capital to build the 5k/wk ramp up a year from now?

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Re:Tesla's Model 3 volume production target pushed back again by bjl on Wednesday January 03, 2018 @09:47PM (#16067598)

> ...no problems with the bond/credit markets.

That's simply not true. Their last bond issuance was well into junk bond territory, its unlikely they could issue another round without entering into insolvency.

Tesla's only option, should they need cash, is to issue more equity, which has its own set of problems.

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Re:Tesla's Model 3 volume production target pushed back again by dx034 on Thursday January 04, 2018 @08:05AM (#16070028)

I'm sure they could raise more money but interest would probably be too high for it to make sense. They're already at a B- rating, a downgrade at any of the rating agencies would put them on the lowest (non-defaulted) rating. New debt would then probably carry 8-10% interest. Probably cheaper to raise equity by selling part of the company to another manufacturer.

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Re:Tesla's Model 3 volume production target pushed back again by mcguire on Wednesday January 03, 2018 @09:52PM (#16067631)

At their current reported burn rates, they will go through $3B in 8 months.

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Re:Tesla's Model 3 volume production target pushed back again by hndamien on Wednesday January 03, 2018 @05:53PM (#16066186)

I'm going to go out on a limb and suggest that the crypto boom is going to produce a handsome windfall for tesla.

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Re:Tesla's Model 3 volume production target pushed back again by alexanat on Wednesday January 03, 2018 @05:59PM (#16066256)

How do you figure that? Elon invested in BTC and ETH? :)

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Re:Tesla's Model 3 volume production target pushed back again by bottled_poe on Wednesday January 03, 2018 @06:26PM (#16066481)

Elon, Aka Satoshi ;-)

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Re:Tesla's Model 3 volume production target pushed back again by rconti on Wednesday January 03, 2018 @06:17PM (#16066410)

Different Tesla.

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Re:Tesla's Model 3 volume production target pushed back again by acchow on Wednesday January 03, 2018 @05:56PM (#16066228)

Please explain

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Re:Tesla's Model 3 volume production target pushed back again by kgwgk on Wednesday January 03, 2018 @06:30PM (#16066508)

Maybe bitcoin millionaires will be buying Teslas?

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Re:Tesla's Model 3 volume production target pushed back again by zeep on Wednesday January 03, 2018 @08:23PM (#16067187)

the meme is usually lambos (something like this: https://totallycrypto.com/wp-content/uploads/2017/11/DSC3452...)

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Re:Tesla's Model 3 volume production target pushed back again by hndamien on Wednesday January 03, 2018 @09:42PM (#16067563)

Actions speak louder than words though.

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Re:Tesla's Model 3 volume production target pushed back again by zeep on Thursday January 04, 2018 @12:52AM (#16068345)

I don't personally know of any crypto-millionaire... do you?

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Re:Tesla's Model 3 volume production target pushed back again by hndamien on Thursday January 04, 2018 @04:26PM (#16074231)

Yes, I know 3.

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Re:Tesla's Model 3 volume production target pushed back again by hndamien on Wednesday January 03, 2018 @06:53PM (#16066666)

Bingo, we have a winner!

PS: Tough crowd

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