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Danihan
on Nov 17, 2017
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Tesla Roadster
They also just laid off a ton of people, so maybe that burn rate is going to lower quite a bit.
sf_rob
on Nov 17, 2017
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$400M a month would be equivalent to ~20k full time engineer's total compensation, so I doubt layoffs will put a serious dent in it.
Danihan
on Nov 17, 2017
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Good point.
wumpus
on Nov 17, 2017
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They laid off "a ton of people" but a small fraction of their workforce, not affecting their burn rate much. Watch out for those financial press headlines, Tesla is one of the most shorted stocks out there.
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