Tesla Has 10 Months of Cash to Burn Before Dying Out

Of the many unique attributes that make Tesla so interesting to follow, it’s the pace at which things move at the company that seems to stand out the most. As part Silicon Valley startup and part automaker, Tesla’s speed means it operates similar to how Facebook did when its ethos was “move fast and break things.” It’s why Tesla CEO Elon Musk was recently heard talking about the possibility of offering a car insurance product, right after the automaker got done raising another $2.3 billion by issuing bonds and stocks after its first-quarter financial report of 2019 put it on track for bankruptcy.

Source: carbuzz.com