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August 9, 2015 04:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/OpUsEH5agMw/tesla-suffering-cash-flow-issues-every-model-s-means-a-4000-loss
Tesla Suffering Cash Flow Issues; Every Model S Means a $4,000 Loss
An anonymous reader writes: The latest reports from Tesla show a trend of missing positive cash flow targets. Despite previous guidance to the contrary, Tesla is losing more than $4000 per car in operating margin and no sign of near term improvement as they are now reducing their production targets at a time when they are also experiencing pricing pressure. A scan of articles published today on this news reveals a common opinion that Tesla will need to raise more capital soon.A small slice of the Reuters report linked: Tesla has signaled capital spending will drop next year because the company won't be spending on a major vehicle launch. In 2017, Tesla plans to launch its Model 3 line, which the company says will start at about $35,000 and push total sales toward the goal of 500,000 vehicles a year by 2020. Barclays analyst Brian Johnson disagreed with the company's estimates, and said he expects Tesla's capital spending will go up in 2016 and 2017 as the company ramps up its battery factory and Model 3 development. "Their small scale means the cash generation is not as great as they might have hoped for," he said.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/OpUsEH5agMw/tesla-suffering-cash-flow-issues-every-model-s-means-a-4000-loss
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