Tesla could burn more than $1 billion per quarter from weak Model 3 margins, Toni Sacconaghi says
The pressure is on for Tesla's Model 3. If Tesla's latest model fails to produce margins, the popular automaker could potentially be spending more than $1 billion a quarter, said an analyst. "[Tesla has] a billion dollars of capital spending per quarter. So they could be burning through more than a billion dollars per quarter over the next couple of...