INVESTOR IN THE FAMILY Radio

083 Brad Kenagy - I Hope Tesla's Cash Burn Doesn't Take Down The Model 3

September 8, 201621 min
Brad Kenagy recently wrote an article titled, "Tesla Just Said What!" where he highlighted the following statement in a recent Tesla press release: "While the P100D Ludicrous is obviously an expensive vehicle, we want to emphasize that every sale helps pay for the smaller and much more affordable Tesla Model 3 that is in development. Without customers willing to buy the expensive Model S and X, we would be unable to fund the smaller, more affordable Model 3 development." I wanted to follow-up with Brad to learn more about his thesis. A few hightlights: Will Tesla need to raise more capital via secondary offerings leading to further stock dilution? Does Tesla's current junk bond rating pose significant problems for raising capital? Will Tesla ultimately be able to fund the Model 3? Is the attempted acquisition of SolarCity an act of desperation? Where do both companies presently stand regarding cash flow and profitability? I hope you enjoy the interview. http://investorinthefamily.com

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