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Here Is How Tesla Could Now Start Burning Between $4 Billion and $5 Billion In Cash Every Quarter

NewsTech

Published:

Tesla

To say the past few days have been turbulent at Tesla would constitute a gross understatement. After all, the EV giant is now shedding employees in an indiscriminate fashion, one that has seen entire units axed, including Tesla's entire supercharger team. What's more, Tesla is now apparently rescinding its job offers to interns, who are widely considered the cheapest talent rung. With Tesla now having one of the oldest product lineups in the industry ex-Cybertruck, and with consumers cooling off on the EV mania as range and residual value concerns take precedence, some believe that Tesla is headed back to […]

Read full article at https://wccftech.com/here-is-how-tesla-could-now-start-burning-between-4-billion-and-5-billion-in-cash-every-quarter/

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