Tesla CEO Elon Musk said on Wednesday that there is 'merit' to the idea of raising new funds.
"At this point, I do think there is some merit to raising capital," he said duringTesla ended the first quarter with $2.2 billion of cash and cash equivalents, down $1.5 billion from the end of 2018.Tesla CEO Elon Musk said on Wednesday that there is"merit" to the idea of raising new funds.
But Musk said the electric-car maker cannot lean on outside funds at the expense of financial discipline.
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