Tesla burns through the most cash in its history (TSLA)

Tesla burned through a record amount of cash in the second quarter as it prepared to unveil its Model 3 sedan. 
The company's earnings statement released Wednesday showed that Tesla's negative free cash flow expanded to a record -$1.2 billion from -$622.4 million a year earlier. 
The stakes are high for Tesla's first mass-market car priced at $35,000. Tesla on Wednesday said production was on track to hit its targets, and that over 1,800 vehicles were being ordered daily on net.
Tesla