Tesla needs more money the development of new Model 3 and Gigafactory battery plant. It can be done by even an issue, writes Reuters.
Elon Musk was previously selected by Tesla may have “small capital” in 2017. But it will not be enough, think Erik Gordon, economics professor at the University of Michigan.
“Tesla will need several, is not particularly small capital to keep developing the plan, while taking over the Solar City – a virtual sinkhole capital,” he told Reuters.
As for the Model 3, the money specifically go to tools and production equipment for the production line.
I’m sure that Tesla will keep the development plan.
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