They might have even been able to stomach the $8.3 million (U.S.) that Telsa Inc. burns through each day. Tesla has fallen far short of Musk’s promises to ramp up Model 3 production, which the company has said is key to turning a profit. Tesla has more than 450,000 waiting orders, but it can’t monetize them unless the cars can be assembled en masse. Investors see the targets as shooting for the stars, and they applaud if Tesla makes it only halfway there, he said. He talked about building a new factory for a second SUV and hitting 2,000 orders for a proposed Tesla semi.

Source: thestar May 04, 2018 14:48 UTC