Tesla says no need for capital raise as Model 3 output risesMusk went further on Friday in a tweeted response to a story in The Economist which cited estimates Tesla would need $2.5 billion to $3 billion this year in additional funding. Tesla will be profitable & cash flow+ in Q3 & Q4, so obv no need to raise money,” Musk wrote. Humans are underrated.”Thomson Reuters consensus of analyst estimates predicts Tesla’s free cash flow to be negative well into 2019, thanks in part to heavy investments. Musk in July said Tesla was going through “manufacturing hell” in ramping up production of the Model 3. Asked by CBS if there was a defect with Autopilot, Musk responded: “The system worked as described, which is that it is a hands-on system.

Source: The Express Tribune April 14, 2018 06:09 UTC