Submitted by RodrigoBarragan t3_zvtixg in technology
ResponsibleAd2541 t1_j1sgbij wrote
Reply to comment by ScootysDad in Tesla takes delivery of Kuka robots amid Cybertruck preparations by RodrigoBarragan
They have good cash on hand, $21 billion as of the previous quarter.
ScootysDad t1_j1txx8c wrote
And? It's working capital and that can quickly evaporate. Apple's current cash and cash equivalence is +$200B.
ResponsibleAd2541 t1_j1uf3sn wrote
My point here is that they can pay for equipment, they are not reliant on selling stock to raise funds for equipment.
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