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Elon Musk burns $6,500 a minute

UNITED STATES (OBSERVATORY) –¬†According to Bloomberg, Tesla produced electric cars, founded by Elon Musk, “burn” $ 6.5 thousand every minute and completed 2017 liquidity of 3.4 billion dollars and debt of 9.4 billion.

If Tesla continues to “swallow” the money so quickly, it will remain without cash if it does not receive additional funding, Bloomberg said.

In the first seven years of its establishment, the company has enjoyed its own funds and venture capital funds, with most of its money coming from its founder Musk.

The company also enjoys significant support from the US government, which is not enjoyed by other automakers. For example, in 2010 Tesla received a US $ 465 million loan from the US Department of Energy and paid in 2013.

The number of employees in the company 899 people in 2010 not left until the beginning of this year, only 40 thousand people.