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Tesla Might Need $10 Billion To Fund All Of Its New Projects: Analyst

9 monthes ago   |   By Jalopnik

Tesla has a new crossover, a semi, and a Roadster in the pipeline, but CEO Elon Musk is adamant the automaker doesn't need to raise new capital to fund those projects. An analyst from Goldman Sachs disagrees, and suggested Tesla needs a big round number to make it happen: $10 billion.
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GOLDMAN SACHS: Tesla may need $10 billion in fresh cash in the next 18 months

GOLDMAN SACHS: Tesla may need $10 billion in fresh cash in the next 18 months

9 monthes ago   |   By Business Insider

Mike Blake/Reuters
Tesla will need a significant cash infusion before 2020, Goldman Sachs said Thursday.
Tesla maintains it will be profitable this year - and that it won't need to raise capital.
Follow Tesla's stock price in real-time here.
Add Goldman Sachs to the list of Tesla skeptics.
The bank told clients Thursday that the electric automaker may need $10 billion over the next 18 months in order to stay afloat and meet production demands. See the rest of the story at Business Insider NOW WATCH: A Nobel Prize-winning economist explains what Milton Friedman got wrong See Also: The death...
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