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Tesla Rises Pre-Market After Musk Vows To Turn Cash Flow Positive In Q3, Slams “The Economist”

Courtesy of ZeroHedge. View original post here.

After yesterday’s NTSB debacle – which sent TSLA shares tumbling, they are higher this morning following a tweet from Elon Musk ‘promising’ profitability and positive cashflow as soon as Q3, but not before slamming The “boring” Economist

Following an article in The Economist  that claims – correctly – that the road ahead is a problem for Tesla, which faces a cash crunch, Musk took to Twitter… “The Economist used to be boring, but smart with a wicked dry wit. Now it’s just boring (sigh). Tesla will be profitable & cash flow+ in Q3 & Q4, so obv no need to raise money.

The Economist used to be boring, but smart with a wicked dry wit. Now it’s just boring (sigh). Tesla will be profitable & cash flow+ in Q3 & Q4, so obv no need to raise money.

— Elon Musk (@elonmusk) April 13, 2018

And investors, it appears will believe anything?

If you don’t pay your bills, then cash-flow ‘can’ improve…


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