05-05-2016 18:41 via feedproxy.google.com

No matter what – Tesla is going to raise more cash (TSLA)

Tesla reported better-than-expected first-quarter earnings on Wednesday — and then dropped a bombshell in a letter to shareholders.
The company will accelerate its production plan, delivering 500,000 cars annually by 2018, not 2020 as it had long promised.
CEO Elon Musk got on a call with analysts and prompted a collective dropping of jaws when he pledged to sleep at Tesla's California factory and put out a call for the best of the best in auto-manufacturing talent on the same day that two
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