Hacker News Reader

Comment by fullshark | Hacker News Reader

I know Musk likes to take risks and push his companies and employees to the brink, but given the massive demand for the model 3, Tesla stock price, and 1.8 billion funding they just got, it seems like they can afford to create better working conditions for their workers.

View on HN

You mean the massive 18 weeks of funding they got for their capital needs?

They don't lose $180m per week though, do they? They have income to offset a portion of their capex? Or did I misinterpret the article?

  Tesla has been spending an average of $100 million a week on capital expenses, mostly to manufacture the Model 3, according to chief financial officer Deepak Ahuja.

Income requires vehicle delivery.

Not with pre-orders.

Pre-orders only have tiny deposits, and can't be booked as revenue until delivery.

Model S and Model X are being delivered...?

These capital costs are mostly from Model 3, which for the most part isn't yet.

Reply on news.ycombinator.com