Less than $500 in cash, but almost $7M in debt?
Operating Margin (ttm): -61,504.94%
Return on Assets (ttm): -214.04% Income Statement
Revenue (ttm): 5.82K
Revenue Per Share (ttm): 0.00 A
Gross Profit (ttm): 27.38K
EBITDA (ttm)6: -2.18M
Net Income Avl to Common (ttm): -6.19M
Diluted EPS (ttm): -0.06
Total Cash (mrq): 428.00
Total Debt (mrq): 6.73M
Book Value Per Share (mrq): -0.02
Operating Cash Flow (ttm): -714.33K
Levered Free Cash Flow (ttm): -269.11K
Tesla may be assembling modules, but the cells are being made by Panasonic overseas. There is no battery manufacturing taking place at the downsized gigafactory yet.
Seriously, Tesla has already run out of money several times, that's why they keep having secondary offerings and have incurred the high debt load.
Not sure that makes sense, MPO buying additional properties?
Wasn't the current CEO brought in for expertise in reorganization?
How can MPO take on any additional debt?
Musk will soon become more of a problem than solution for these companies.
Especially with Tesla, his ego is writing checks his CFO cant pay.