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Re:Tesla Second Quarter 2018 Update by bjl on Wednesday August 01, 2018 @06:17PM (#17667580)
Not really. Accounts payable ballooned to around $3B, and cash on hand is only ~$2B (of which about $1B is in the form of revokable deposits).
Re:Tesla Second Quarter 2018 Update by lawrenceyan on Wednesday August 01, 2018 @06:39PM (#17667724)
You're sort of cherrypicking those numbers aren't you?... If you look a few lines down, you'll see that total liabilities and equity have gone down by over $1B. Also it's not ~$2B, it's $2.8B from $3.2B last quarter, which was my point about the cash burn. It's clear that the fears of running out of cash and defaulting are completely unfounded. They have multiple years of burn rate.