Tesla would heavily access the debt markets (more than equity) to meet current production targets for Model 3 EVs.
A decline in volumes would push the company into tighter liquidity due to the higher-priced Model 3.
The bulk of sustainable demand for Model 3 EVs resides at the lower end of the price curve, while the company is also looking to sustain delivery levels.
Image credit: 3dortgen.com
Tesla Inc.'s (NASDAQ: TSLA) electric vehicles (EV) are high quality, fun to drive and worthy of the high price it commands. But underneath that shiny sleek facade, the company has been