June 6th, 2019

In the TSLA Q1 Update we know:

Cash Flow and Liquidity

  • Our cash position decreased from $3.7 billion to $2.2 billion mainly due to a $920 million repayment of convertible notes, of which $188 million negatively impacted operating cash flow.
  • Gigafactory Shanghai will be almost fully funded through local debt. Thus far, we have secured an approximately $522 million (as at March 31, 2019) credit line from local banks.
  • Our capital expenditures were $280 million in Q1 including early investments for Gigafactory Shanghai.

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I am long TSLA and TSLA options. I am not a financial advisor. Investing in anything comes with inherent risk. This is not financial advice.