In response to my request for comment, on January 19, Tesla cited its September 30 quarterly report, which stated that Tesla has plenty of cash. This cost Tesla $34 million in "one-time restructuring charges," according to its Q3 10Q. As he noted, Tesla must[Increase] the Model 3 production rate and [make] many manufacturing engineering improvements in the coming months. By my math, the cumulative effect of these cash outflows should bring Tesla's cash balance to a dangerously low level. In 2017, Musk claimed that Tesla would earn a 25% gross margin on the Model 3 in 2018, according to US News.

Source: Forbes January 20, 2019 14:24 UTC