Musk begs Tesla staff to cut costs before company raises cash

Tesla Motors production line for Tesla Model S, Fremont, California

Tesla Motors CEO Elon Musk is on a mission to show positive cash flow in the third quarter of 2016. The carmaker has yet to turn a profit, and is currently in the midst of several cash-intensive projects, including development of the 200-mile, $35,000 Model 3 electric car, which depends on the completion of a massive battery “gigafactory” in… …read more