Analysts at Bloomberg report quite deplorable state of the company Tesla: for a long time its income is not cover expenses, therefore, up to the end of this year, the corporation faces bankruptcy.
We count together
By Bloomberg estimates that every minute Tesla " burns " $ 6,5 thousand. The edition even installed an online counter that shows how much the company lost, as long as you read the material.
The last 5 quarters were unprofitable for Tesla, and The year 2017 ended with $ 3.4 Billion of cash $ 9.4 billion of debts. If the company continues to " burn " money at such a rate - to end of 2018 she does not remains cash.
Why did it happen
AT Tesla explains the losses by expenses for development of the production of the first model for the mass market of Model 3 and covering the demand for Model S and Model X. Not It is also excluded that the company also suffers losses because of the large (even huge) number of employees: for In 2017 the number of teams has more than doubled, and from 2014 - three times. At the same time, the income for one employee remained on former level.
The founder of the company Ilon Mask is not will receive a salary until the financial will start to grow. But he I am sure that Tesla will become profitable already in next quarter.