Tesla Loses $13,000 Per Car Made Ahead Of Model 3 Launch
May 4th, 2017*meh* Amazon lost money for years. Now look at it.
With Tesla, the Model 3 might be a make or break moment, but fear of repeating the Model X debacle was ingrained from the start. They might not blow it again.
That said, having to get that new assembly line up and running from nothing is no joke. Here, have some robots. Those were still in their shipping materials as of a few days ago.
I wouldn’t be surprised if multiple automation engineers read Cryptogon, so maybe they can let us know: Can all of that be set up into a functional automobile assembly line in less than three months, even assuming any number of guys working 24/7?
Via: ZeroHedge:
Finally, no matter how Tesla wants to spin it, the cash burn remains historic, and after the record nearly $1 billion in cash out the door in Q4, the company burned “only” $622 in freeh cash flow in Q1, the second most on record.
Research Credit: Duras
