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0.00265451438336645 0.00394474508686981 0.000769011677584682 0.0149031614924522 0.0073839362005126 0.0189689547137567 -0.000299060096838559 0.00884363429222433
Stock impact report

Tesla: Some Cash Concerns [Seeking Alpha]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Seeking Alpha
SummaryTesla reported a surprise quarterly profit on April 29, 2020, and hosted a conference call to discuss the results and company operations.The Q1 2020 profit came despite the company utilizing $920m in operations and investments.The company continues to generate a surprising low level of interest income, considering the considerable cash balances it has on hand.Tesla also carries a high receivables balance, which is uncommon for a company with its operations.The gap between operations and cash utilization is a concern as the company continues to deal with the economic effects of COVID-19.It has been a while since I wrote an article on Tesla Inc. (NASDAQ:TSLAMontana SkepticInterest IncomeThe lack of interest income from Tesla over the years has been a source of mystery for many followers of the Tesla story. It became even more acute in this quarter:Source: Tesla Q1 2020 PresentationWe can see that the company generated roughly the same level of interest income in Q1 2020 as it did Show less Read more
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