Technology

Elon Musk: Tesla Broke in 10 Months Without ‘Hardcore’ Cost Reduction

Tesla has called for “hardcore” cost-cutting across every facet of the company, despite its massive capital infusion just a few weeks ago. According to Elon Musk, at present burn rates, the company has less than a year of cash reserves.

The post Elon Musk: Tesla Broke in 10 Months Without ‘Hardcore’ Cost Reduction appeared first on ExtremeTech.

Source link

قالب وردپرس

Related posts

Silicon Valley Entrepreneurs Conquering Pain With Backmate

MasMaz

Google to push more cloud analytics after latest $2.6bn acquisition

MasMaz

NASA opening space station to visitors

MasMaz