After burning cash at an alarming rate and struggling to return to
profitability, electric carmaker Tesla recently decided to take on
$2 billion in debt to pad out its frighteningly-low cash reserves.
Unfortunately, that cash infusion is far from a permanent fix — at
best, it could buy the company…
Source: FS – All Tech News
Elon Musk reportedly says Tesla has 10 months to break even, outlines 'hardcore' cost-cutting changes