The closest period of time, tesla by " go bankrupt " suspicion in one's mind is enveloped, but overshoot temporarily at long last one disaster.
"This is a few months like the most painful hell that I had experienced... but I think we are achieving a goal. " tesla president holds Ma Sike of · of CEO dust grand concurrently (Elon Musk) choke with sobs on plenary meeting of tesla year shareholder ground say.
Begin in congress before, ma Sike within an inch of is discharged president post, be Ied hope " exceed majority " partner cast blackball finally.
This is the biggest challenge that faces after tesla of Ma Sike administer up to now, because tesla is on Model 3 production,basically be time and again be thwarted is faced with capital to be in short supply.
Nevertheless, on shareholder plenary meeting, ma Sike weighs tesla " very possible " the target that this year the implementation before the bottom produced 5000 Model 3 every week in June, will spend implementation profit with the four seasons in the 3rd quarter.
Ma Sike still discloses, tesla will build the first abroad plant in Chinese Shanghai " Dreadnought " (dauntless) , will produce at the same time batteries and assemble car. Negotiating with Shanghai place government at present, will come to an agreement the most quickly at next month and announce.
These messages were brought to tesla lucky. Local time Zhou San, tesla share price rises even more 9.5% , achieve the oldest odd-numbered days since November 4, 2015 to go up.
The country is cartography of red of rain of direct car Hou
The change of teslaBefore a few months, ma Sike sends aerospace tesla with upper the most powerful rocket, this red racing bike becomes famous overnight almost. Current, ma Sike lets tesla be in spotlight to fall likewise, but this is so not bright however.
From last year since, ma Sike is the goal of production with tesla ambitious set and schedule ceaselessly, but always did not cash tardy. So that be on shareholder plenary meeting, ground of call a spade a spade points out somebody should be careful " dust grand time " trap.
In fact, tesla raises the yield of Model 3 model that its face masses market first times in effort all the time, this long-term to its gain is crucial. But since rolling out Model 3 oneself, the manufacturing delay that tesla lasts, with original anticipation photograph comparing has very big difference.
Data shows, crop of tesla Model 3 is in than Masike last year forecast first quarter should low 84 ％ , this makes the market quite dissatisfactory.
On this, ma Sike also the heart knows abdomen bright. He says: "I have time problem really... but I am inherent and hopeful, if not be such, I won't make car or rocket, I am allowing time in as far as possible new officer. I am allowing time in as far as possible new officer..
Why to lag behind at the plan far as to Model 3 crop, ma Sike admits, tesla produces excessive automation is the main error that causes incur loss through delay.
"One of the biggest mistakes that we make, try to be opposite those namely for the person very easy but very difficult however to the robot thing automation. " Masike explains: "We made a lot of mistakes on the production of Model 3, but we realize these errors, we know how to solve them. In fact, we are being solved. We are being solved..
Picture origin network
It is reported, the assembly that tesla ever suspended Model 3 a few degrees product line, state this is undertake according to the plan, so as to improves automation and the bottleneck that solve all sorts of be a burden on to yield.
Before this, electrek of website of car trade news reports quote Ma Sike sends employee letter content to point out, tesla produces ground of day after night Model 3 car, always will assembling a factory, still automobile body and shop of the paint that bake increase an in rotation.
Ma Sike urges employee in this letter while, the branch that also amounts to mark to those failing or supplier put forward to warn, say they need to give out " very good explanation " , put forward to plan to improve those direct reports to give his issue.
Divide in addition, tesla still undertook " recombine thoroughly " , leave his post in order to treat many manufacturing problem, senior staff, wait for a lot of problem with the accident hitting a car that electric car concerns recently.
According to Reuter report, ma Sike says in the email that gives employee, tesla is in recombine a lieutenant general " compressed change administrative framework, communicate in order to improve " , amalgamative branch function, and decrease " mission of successful to us implementation is not main " activity.
At present, tesla product line is showing the ability that produces 3500 cars every week. That is to say, if want to cash promise, tesla must be by June produce 5000 Model 3 every week, this is a not small challenge.
Ever media coverage says, because the job is too busy and Ma Sike is direct sleep on mill floor board. He says: "I do not think people is when experience is hard, and CEO resembles be in however go vacationing. And CEO resembles be in however go vacationing..
On shareholder plenary meeting, when speaking of the hard hour that tesla overshoots, he should drop tear almost. He tells investor, some tesla employee once worked 60 days continuously, although force them to come home, also sneak away secretly later go back the job.
"In tesla, we are to use love to make a car. Other a lot of companies are made by market sale or financial department, devoid soul. Although our company is faulty, but a person's mind of our whole body is thrown among them, we are true care about it. We are true care about it..
Not affirmatory futureBesides manufacturing bottleneck, perplex tesla still have capital problem.
Before this, the whole world is famous cast a Gao Cheng to say, in future in 18 months, tesla may need new investment ability of 10 billion dollar manages operation, satisfy manufacturing requirement.
"From current operation, expectant new product expenditure and new increase production can in light of the state, we predict tesla may need to raise money before 2020 the outside capital of more than 10 billion dollar. " analyst Tamberrino points out Gao Cheng.
The analyst of Credit Sights of independent banking research organization also thinks, if tesla props up Model 3 energetically in 2 quarters,produce can if, cash shedding will be more nervous. Only Model 3 crop gets essential sex is improved, ability can balance cash to flow conversely.
Colin Langan of Swiss bank analyst expresses, "Tesla has the debt of 2.6 billion dollar to be about to expire at least. In addition, ready money of its 2.7 billion dollar, about 880 million dollar is in abroad (the likelihood is obtained very hard) , the 1 billion dollar that the client deposits money will increase as what delivery measures and decrease. Because this predicts the four seasons was spent 2018, tesla will need additional capital, in order to reduce the risk of its balance sheet. In order to reduce the risk of its balance sheet..
It is reported, tesla raised money already successfully 2017 9.23 billion dollar, include the 18 dollars pure bond that issued last year among them. Grade orgnaization Moody thinks, tesla needs to be in 2018 again financing 2 billion dollar.
Nevertheless, equestrian Si Kejian says tesla does not need to raise money this year new fund. And a variety of analysises that the outside needs financing to tesla, make him particularly vexed it seems that.
Telephone conference declares to go up in money last month, masikeming expresses not to need truly again financing, broke the issue of the financial aspect that the analyst puts forward, think these problems " dull, foolish " , this group evaporated to ever let tesla market prise 2 billion dollar.
Picture origin network
On shareholder plenary meeting, ma Sike still reiterated his point of view, namely this company does not plan to add additional debt or capital stock, but did not offer specific time range, state he predicts the 3rd net income that spends tesla with the four seasons and cash flow this year will by negative become a full member.
According to tesla money newspaper, this year first quarter, tesla income grew 26% , reach 3.4 billion dollar. But 3 months came in the past, tesla is record-breaking deficit 710 million dollar, than last year the 330 million dollar of the corresponding period expands 115% .
Meanwhile, the cash of tesla flows reserve to lower 2.7 billion dollar from the 3.4 billion dollar by 2017. Nevertheless, tesla represents already cut expenditure, the capital expenditure 2018 will be less than 3 billion dollar, under the 3.4 billion dollar 2017.
Whether does tesla future need raise fund, do not have a person to be able to say clearly. A few analysts think, the cash situation of tesla is not the doomsday that place of a few experts thinks.
Theodore O of analyst of Ascendiant Capital Partners ' Neill points out, the key will not come in Yutesila whether does a certain moment need capital, "The problem is tesla when needing capital whether production goes out enough much car, in order to show it will have enough much profit will repay new load holder " .
What can foreknow is, did not come for some time, ma Sike and his tesla still will continue to fight side-by-side.
Be worth what carry is, although the consign of Model 3 is deferred, but this car still is the United States' best-selling electric car at present, already more than 450 thousand person is booked.
