"There is much to admire in the Tesla story but there is one aspect of the story that I find puzzling, and if I were an equity investor, troubling. It is the way in which Tesla has chosen to, and continues to, finance itself. Over the last decade, as Tesla has grown, it has needed substantial capital to finance its growth. That is neither surprising nor unexpected, since cash burn is part of the pathway to glory for companies like Tesla. However, Tesla has chosen to fund its growth with large debt issues, and burn cash"
FCFF predicted negative for the next 6 years.
Reading the new valuation update about Tesla of the professor Damodaran: your thoughts?
This is the link: http://aswathdamodaran.blogspot.it/2017/08/a-tesla...(Musings+on+Markets)
This is the valuation statement of the prof:
Honestly I can only echo what the prof said.