The company’s cash balance barely budged last quarter even as it struggled mightily to make Model 3 sedans. That approach paid dividends for a closely watched figure indicating how much money Tesla is using up: negative free cash flow. Tesla is still far from being in the clear with regards to cash. “I don’t want to jump the gun on those but I think we’ve got a good plan,’ Musk said. “2018 will be a transformative year for Tesla,” Musk wrote in a letter to shareholders.

Source: thestar February 08, 2018 19:07 UTC