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Tesla Motors, Inc. Message Board

  • alangreenspam alangreenspam Jul 31, 2014 2:20 PM Flag

    GigaFarce: (where is the additional $2-3bn of funding going to come from)?

    From WSJ article today:

    --"However, investors have voiced concern around funding for the gigafactory. Earlier this week Nikkei reported that in Tesla’s gigafactory partnership agreement with Panasonic, Panasonic would invest only $200-300mn initially. Tesla noted back in February that the gigafactory would require ~$4-5bn of investment through 2020, with Tesla to directly invest $2bn. Investors hope that Tesla will provide color on the call around where the additional ~$2-3bn of funding will come from."

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