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D’oh!

Posted by ipso facto @ 16:47 on August 20, 2018  

“We Are Not Going Bankrupt” Musk Vows As Tesla Suppliers Panic Over Stopped Payments

Less than a month after the WSJ reported first that Tesla was quietly asking suppliers for “cash back” on existing and future projects, describing the request as “essential to Tesla’s continued operation” and characterizing it as an investment in the car company, investors quickly sold off the stock sending it back under $300, amid growing fears of a liquidity crisis at the electric automaker.

https://www.zerohedge.com/news/2018-08-20/we-are-not-going-bankrupt-musk-vows-tesla-suppliers-panic-over-stopped-payments

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.