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$250mil sounds a lot - until you remember they currently burn through $400mil of cash in a month



They also just laid off a ton of people, so maybe that burn rate is going to lower quite a bit.


$400M a month would be equivalent to ~20k full time engineer's total compensation, so I doubt layoffs will put a serious dent in it.


Good point.


They laid off "a ton of people" but a small fraction of their workforce, not affecting their burn rate much. Watch out for those financial press headlines, Tesla is one of the most shorted stocks out there.


oh please. they're putting money into R&D and into the ramp up. Your statement makes it sound like they're using the money to wipe their @$$es. No, they're putting the money to work. And if the analysts and shareholders didn't believe that, the stock would tank.


Very true. Belief - not actual results - is what is behind Tesla's valuation.


Is Tesla that different from Amazon 15 years ago?

Net income was flat but the revenue kept going up.




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