Financial Times |
Tesla's 'close to the edge' cash foretells capital raise
The Globe and Mail Tesla Inc Chief Elon Musk has taken big risks repeatedly since going public in 2010, but investors were spooked on Thursday after he said the electric car company could get “close to the edge” as it burns cash ahead of its crucial Model 3 launch … Tesla chief signals group will look for big cash injection Tesla capital raise seen near as Musk burns through cash Tesla may seek more cash as it speeds to September target |