Citibank and Goldman Sachs hosted a "broad investor call" with Tesla executives on Thursday, as the company announced plans to raise around $2 billion.
On the call, CFO Zach Kirkhorn reiterated that Tesla aims to deliver 90,000 to 100,000 vehicles in the second quarter, and between 360,000 and 400,000 vehicles in 2019. in new funds, held a "broad investor call" on Thursday, where CEO Elon Musk and CFO Zach Kirkhorn answered brokers' questions about their plans for the electric vehicle maker.
The call came as the company is looking to raise $650 million in equity and $1.35 billion in convertible bonds. Filings indicate that Tesla plans to use the capital for general corporate purposes. On the call, Musk said Tesla would be able to fund its business needs through cash flow, but that it was wise to have a buffer in case of a recession or weak global auto demand.
Unfortunately, everyone in that room including Elon will be dead before self driving cars become a profitable large scale reality.
Liar
He's still smoking that crack pipe I see...
just stay away from Chinese suppliers!
If he can get the public to fully trust AI with their lives.
Weird, that wasn’t mentioned in the prospectus. 🤔
The Pied Piper! BayAreaBS ShortTSLA
I believe
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