Tesla Burns Through Money at a Clip of $8,000 a Minute

Tesla Burns Through Money at a Clip of $8,000 a Minute

Assessment

Interactive Video

Business

University

Hard

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The video discusses Tesla's high cash burn rate of $8000 per minute as it ramps up Model 3 production. Despite burning through $4.2 billion in the past year, Tesla expects to improve cash flow once production reaches 5000 cars per quarter. Investors remain optimistic, driven by Elon Musk's vision, even as Tesla plans to raise $2 billion by mid-next year.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason for Tesla's high cash burn rate?

Increased marketing expenses

Ramping up production of Model 3

Research and development costs

Expansion into new markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much money does Tesla need to raise by the middle of next year?

$2 billion

$1 billion

$3 billion

$4 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected production target for Tesla's Model 3 by the end of the first quarter?

6000 cars

3000 cars

5000 cars

4000 cars

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Despite financial challenges, why do investors continue to support Tesla?

Consistent dividend payouts

Strong quarterly profits

Elon Musk's vision and leadership

Stable stock prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Tesla claim will happen once they reach their production goals?

They will reduce production

They will achieve positive cash flow

They will enter new markets

They will need to raise more funds