Re: 'Elon NaziMusk 'disappointed'

On Mon, 2 Jun 2025 20:21:43 -0600, Retrograde
<fungus@amongus.com.invalid> wrote:

Tesla now plans more affordable, stripped-down versions of the
Model 3 and Model Y

>
I'm hoping the brand it permanently tarnished and toxic.

stripped-down versions of the Model 3 and Model Y

Translation - Cash flow issue....any new model, like the killed Model
2 requires $$$ for adapting assembly line, etc., etc.

Tesla bought newer assembly line equipment, and most likely with loan
repayments.  The same for that German based plant.

I don't follow Tesla, but I suspect Tesla is not doing so well these
days....and his CFO might be doing some creative accounting.

Tesla's latest twelve-month capital expenditure (as of March 2025) is
$10.057 billion.
https://finbox.com/NASDAQGS:TSLA/explorer/capex/

"Capital expenditures are purchases made by a company and capitalized
on a balance sheet rather than being fully expensed at the time of
purchase. Assets that are capitalized can be accounted for over their
useful lifetime and depreciated."