May 9, 2017

Doug Kass on Tesla

Doug Kass analyzes the numbers from Tesla. He notes that Tesla's customer deposits are down $48 million and thinks it could be a sign of things to come in Q2. At the same time its liabilities jumped up to $18.0 billion from $16.8 billion. Its long term debt increased by $1.2 billion to a total of $7.2 billion. And its loss per car sold is now at $13,184.