You do know that $1 billion is just 400,000 reservations of a $2,500 deposit of the model Y, right? Remember that the model Y will be unveiled on March 15.
elonmusk could probably cover this without batting an eye.
He’s an erratic, unprofessional CEO, but I hope he and Tesla are able to continue.
these 'geniuses' come up with some innovative tech n the world can't blow them hard enough.... for real just because they had a couple of ideas doesn't make them the business/political equivalent of a water walker. He's barely holding on n you expect him to right the ship.
Not a big deal -- Tesla has a $44B market capitalization. They would only have to dilute by 2-3% to cover that $1B with a new issuance. Or Musk could just sell a few of his shares; he's worth on the order of $20B. Only things permanent in this world are death, taxes, and Tesla.
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Source: CNBC - 🏆 12. / 72 Read more »