Disclosures In Tesla's 10-Q Indicate A Company In Desperate Need Of Fresh Capital

  • 📰 Forbes
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

España Noticias Noticias

España Últimas Noticias,España Titulares

I just cannot come to any conclusion other than Tesla was uncomfortably low on cash in the first few weeks of April.

This is management team that refers to financial issues with platitudes, not numbers--like Musk’s admission on the company’s April 24th conference call that a capital raise has “some merit.

” We’ll never get required liquidity amounts out of Tesla's management team in spoken comments, but SEC filings are another matter, and an especially touchy one for a company that is still under investigation by the SEC. The extended drama over Musk’s tweets seems to have ended, but the other investigations, including one by the Department of Justice, would seem to ongoing based on this passage from Tesla’s 10-Q.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 394. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

I really thought Tesla would be a strong competitor for Uber in the long term with self driving cars and a revenue stream that would have been an interesting pursuit

wow

How can i donate?

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Tesla’s Earnings Were Even Worse Than They Looked, Analyst SaysAn analyst argued that gross margins on the Tesla Model 3 would have been 15%, not 20%, without credits. Tesla stock has fallen to its lowest level in two years. You still dumping cash into $tsla ? realchasecurtis
Fuente: MarketWatch - 🏆 3. / 97 Leer más »