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2May
2018

Bloomberg predicts the rapid bankruptcy of Tesla

If the company does not attract additional funding in the near future, it will not have cash in 2018.

The American company Tesla Ilona Mask every minute loses about 6.5 thousand dollars, according to Bloomberg. The publication installed an online counter that shows how much money Tesla spent since the moment the user started reading the article.

If the company does not attract additional financing in the near future, according to the results of 2018, it will not have cash, Bloomberg notes.

It should be noted that Tesla has already completed five consecutive quarters with a negative indicator of free cash flow. At the end of 2017, the company had 3.4 billion dollars of cash, while the company’s debt was 9.4 billion.


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