Tesla Was Cash Flow Positive Last Week, CEO Says on Twitter
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Tesla Motors Inc., the maker of electric vehicles led by billionaire Elon Musk, was cash flow positive last week, the chief executive officer said yesterday in a posting on Twitter.
“Am happy to report that Tesla was narrowly cash flow positive last week,” Musk, 41, wrote in the message to his almost 113,000 followers. “Continued improvement expected through year end.” Musk’s message, which was re-posted more than 600 times by Twitter users, provided no additional information.