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Tesla Is Reportedly Spending $500,000 Every Hour, Could Be Broke Next Year

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A few days ago, Tesla Motors revealed the 2020 Tesla Roadster. As an all-electric supercar, The Tesla Roadster maximizes the potential of aerodynamic engineering—with record-setting performance and efficiency – giving would-be drivers one of the most impressive spec sheets in the automotive world today. Let this sink in: the Tesla Roadster will sprint from 0-62mph (0-100km/h) in 1.9 seconds. If you continue to 100mph (160km/h), you’ll need only 4.2 seconds. A 1/4 time of 8.8 seconds won’t leave anybody unimpressed. Top speed? Over 250mph (400km/h). All that for “just” $250,000 – if you order today.

The Tesla Roadster features a lightweight, removable Glass Roof that stores in the trunk for an open-air, convertible driving experience. It also comes with a futuristic steering wheel, some infotainment and some other things like seats, roof, fenders and other, not relevant shit. With an acceleration time from 0-62mph (0-100km/h) of just 1.8 seconds, you wont really care about anything else. While the Tesla Roadster may be one of the most potent vehicles to ever hit the world’s roads, it’s not all that peachy at Tesla these days.

According to a report by Bloomberg, Telsa is spending an insane amount of money — approximately $8,000 per minute, or close to a staggering half a million dollars an hour: “Whether they can last another 10 months or a year, he needs money, and quickly,” Bloomberg‘s Kevin Tynan explained, saying that Tesla will need to raise at least $2 billion by mid-next year to keep the entire company afloat. With the Tesla Model 3 pre-sales, the upcoming $50,000 reservation for the Roadster and $5,000 for the pre-order of the Tesla semi truck, he might actually do it.

It remains to be seen for how long will Tesla be able to keep this level of spending without running the company into the ground. We’re rooting for Tesla in every way, as after all, the sheer appeal, power, and performance of their vehicles, alongside the eco-friendly aspect make them a perfect mode of transportation. Let’s all hope that Tesla Motors can overcome all the difficulties and rise to power as a prominent car manufacturer in the future.

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