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boston745

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boston745

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Saturday, 05/18/2019 1:06:21 PM

Saturday, May 18, 2019 1:06:21 PM

Post# of 40985
Now this is a cash burning machine!

Now, in his latest company-wide email, Musk admits hardcore measures are required just to keep the company’s cash problem at bay. Tesla has burned through immense piles of money for basically as long as it’s been around, and a record year of revenue and deliveries still wasn’t enough to put out the fire. 2018 may have been a pivotal year for the company’s manufacturing efforts. But Tesla still faces an existential crisis when it comes to money, and Musk’s solution seems to be the same micromanaging that he’s now known for.



https://www.theverge.com/2019/5/17/18629166/elon-musk-tesla-money-changes-cfo-employee-expenses
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