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As a leader of new energy vehicles, why is Tesla on the verge of bankruptcy?

Because of the crisis, it will face bankruptcy.

The former Tesla is the global leader and wind vane of electric vehicles, which represents the development trend in this field. Whether it is high-end Model S, Model X or Model 3 of a wider consumer group, this proves Tesla's success in research and development. In the United States, China and other places, the super charging piles also make Tesla ahead of other electric vehicle companies, and let the public see the possibility of electric vehicles landing. Tesla's most brilliant moment is that its market value exceeds that of General Motors and other traditional car giants with a history of 1 years. The reason why this happened when Tesla's electric car sales were sluggish was that investors were very optimistic about Tesla's future. Coupled with the unique charm of Tesla founder Musk and his success in many fields, investors are willing to follow him.

For Tesla, Musk linked most of his property to the chariot, which can be described as one glory and one loss. This courage is also one of the reasons why investors believe that Tesla will not fail. Unfortunately, Tesla is in a very difficult position. When Tesla's financial report will be released last year, Bloomberg provided Tesla with a comprehensive report of key data. Bloomberg believes that Tesla's cash flow has been negative for five consecutive quarters, consuming $6,5 per minute. Tesla, led by Musk, is on the verge of epic collapse. In addition, John, CEO of hedge fund villars Capital Management Company? Thompson had previously said that if Musk didn't? Magically? Raising new funds, Tesla may go bankrupt in six months.

since raising $225 million through an initial public offering in June 21, Tesla has been raising funds by issuing stocks and convertible bonds, financial leasing and junk bonds. In addition, the US Department of Energy provided Tesla with a loan of US$ 465 million in 21, and Tesla repaid the loan in full in advance in 213. Under various strategies, Tesla seems to be always short of money. But since last year, Tesla has encountered many crises. There are many reasons, such as the serious shortage of production capacity of Model 3, quality problems and enthusiasm in the field of autonomous driving. Specifically, Tesla relies on bond financing to invest in production line construction and Model 3 production, but Model 3 has encountered a capacity bottleneck. Tesla has been slowly seeing the hope of restoring its original income and forming income. In addition, on March 3 this year, Tesla announced the recall of ModelS to solve the power steering problem. Tesla said that 123, Model S vehicles produced before April 216 were affected. Tesla sold a total of 2, Model S, but recalled half of them at a time, and people can't help but doubt the quality of its products. Finally, everything is reflected in the capital market. On March 27th this year, Moody's, a credit rating company, further downgraded the credit rating of Tesla shares from B2 junk to B3, and did not rule out the possibility of further downgrade. At the same time, the bonds issued by Tesla were reduced from B3. Suddenly, Tesla was under siege.