Tag Archives: cashflow

Production and cashflow will be the ‘real test’

Tesla (TSLA) CEO Elon Musk says the real test for newly public electric vehicle startup Rivian (RIVN) will be high volume production and breakeven cashflow.  In a reply to a Twitter follower, Musk wrote: “I hope they’re able to achieve high production and breakeven cash flow.” He went on to say there have been hundreds of automotive startups, but “Tesla is [the] only American carmaker to reach volume production & positive cash flow in past 100 years.” Rivian went public this Wednesday reaching… Source link

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