Tesla losses are mounting and so is pressure on Elon Musk to deliver.
Tesla’s market cap is higher than Ford and Fiat Chrysler Automobiles and has come close to General Motors.
To compare last year GM sold 10 million cars versus Tesla with 100,000.
Up to this point investors have allowed Musk and Tesla to burn through billions in capitol with no returns.
Tesla stock price is down 11% in Q1 of 2018. Losses for Q1 are expected to be $4.50 per share.
Elon has stated that raising capitol in 2018 is not in the plans and has a forecast of finishing this year with billions. History indicates that Tesla usually raises capitol when the stock price is in the $250 range.
As of writing this article Tesla’s stock price is:
Question is when will Tesla losses subside?
Tesla’s 52 week high is $398.61 with a low of $244.59 and a market cap of $48.84 billion.