Elon Musk reportedly says Tesla has 10 months to break even, outlines 'hardcore' cost-cutting changes - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Friday, 17 May 2019

Elon Musk reportedly says Tesla has 10 months to break even, outlines 'hardcore' cost-cutting changes


After burning cash at an alarming rate and struggling to return to profitability, electric carmaker Tesla recently decided to take on $2 billion in debt to pad out its frighteningly-low cash reserves. Unfortunately, that cash infusion is far from a permanent fix -- at best, it could buy the company...

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