Professor Elam

Monday August 7 2017

Tesla is confident of selling another $1.5B in debt.

Tesla says orders have averaged 1,800 per day since the July launch of the car.

This parallels the development of the railroads which also consumed lots of cash in the late 180s. But there were so many railroads built to and from the same places, most struggled to make any money.  TSLA stock has soared to $358 not bad for a company that has yet to post a profit. But that was the case for AMZN for years as well.