] [TechWeb June 21, according to foreign media reports, Tesla, Amazon, Apple, Facebook and Google and other giants on the road to profitability have consumed large amounts of cash, which Tesla 12 years it consumed $ 10.9 billion.
2017, Tesla's free cash flow surged to $ 4.1 billion gap, but narrowed to $ 222 million in 2018. However, this is only temporary, since the company began spending huge sums to increase production of mass-market Model 3.
Last May, data compiled by Bloomberg show, Tesla spent more than $ 6500 per minute, and has a negative free cash flow in five quarters.
The first quarter of this year, Tesla's sales have fallen sharply, the company's free cash flow fell to negative $ 945 million, forcing the company raised $ 2.4 billion through equity and debt financing.
• Morgan Stanley's Adam Jonas (Adam Jonas) to Tesla sales in China slowed grounds, the share price had on Tesla's "bear market expectations" cut from $ 97 to $ 10, shocked the market.
Jonas warned that Tesla date can profit from operations decreased overall demand is being postponed.
Although Tesla electric vehicles impressive achievement, but unfortunately not very optimistic about the company's performance. Founded nearly 16 years at the time, only four quarters of the company's profit. Previously, the company's CEO elon Musk said he does not expect the company to achieve profitability in the first quarter of this year.
Jonas goal gives Tesla stock over the next 12 months at $ 230, the company's current share price of $ 216. (Little Fox)