Tesla cannot get the rest of their booked-sale cash for an undelivered car.
But they must pay all the fixed production costs anyway. In cash, creditors at this point will be getting squirrelly.
Therefore: slowness in production is the fast-track to a possibly fatal cash crunch.
Tesla cannot get the rest of their booked-sale cash for an undelivered car.
But they must pay all the fixed production costs anyway. In cash, creditors at this point will be getting squirrelly.
Therefore: slowness in production is the fast-track to a possibly fatal cash crunch.