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

Created by

Quizizz Content

FREE Resource

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.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected cash burn rate for Tesla as they ramp up production of the Model 3?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges has Tesla faced with the production schedule of the Model 3?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the projected production target for Tesla by the end of the first quarter?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

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

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Tesla expect to achieve once they ramp up production to 5000 cars?

Evaluate responses using AI:

OFF