Ask Matt: Will Tesla run out of cash?

September 2, 2016 10:30 AM

34 0

A: Tesla (TSLA), the pioneering electric car maker, is long on ambition but apparently short on cash. Liquidity is a top consideration for investors in this company going forward.

The company put investors on alert by pointing out its near-term cash situation requires adjustment. Tesla late Wednesday reported it has $422 million in debt coming due that it plans to pay during the third quarter of the year. This debt situation and the company’s combination with founder Elon Mus...

Also read: FDA approves BioMarin rare metabolic disorder drug, shares rise

Read more

To category page