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Thursday, 05/02/2019 11:01:47 AM

Thursday, May 02, 2019 11:01:47 AM

Post# of 41298
Want to see a real spin piece?

https://www.businessinsider.com/tesla-is-finally-raising-capital-and-its-about-time-2019-5

The only part not spin is this:

Musk had obviously hoped to keep Tesla on a lean cash diet, avoiding the humiliation of returning yet again, hat in hand, to Wall Street. But there's no shame, really, in being in the car business and raising money. It's a capital-gobbling industry,



Certainly true for the biotech field as well, but far less capital is needed (hundreds of millions vs tens of billions).
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