04-05-2018, 05:30 PM
(04-05-2018, 03:43 PM)jordan2423 Wrote:(04-05-2018, 11:46 AM)tomh009 Wrote: Assuming Tesla can keep the lights on long enough to open the Kitchener store ... they are bleeding cash like there is no tomorrow.
? They're bleeding cash?
They lost approximately $2B in 2017, and about $700M in the last three months alone. They'll need to issue more shares or bonds to keep funding operations, they don't have nearly as much cash as, say, Uber (which also has huge losses).