Tesla has approximately $2.7B in cash. The GF is going to cost $5B, probably will be built in stages. May be a pilot plant for <$1B with Panasonic and other partners sharing some of the cost? Then scaling up the production?
In addition, Tesla will have to invest in the Model 3 production line, probably in stages? Looking at the capex of Model S, I would guess that $500M would be the minimum to get started. With steel, costs should be lower for the equipment. To drive this kind of demand, Tesla will have to install a minimum of another 200 SCs in the US/Canada, Europe, China. That is another $30M at least. Plus service, etc. Meanwhile, Model S, X production is going to be scaled up to 200,000 autos. Cost?
How is the Capex going to be funded? Until Tesla reaches economies of scale with producing 100,000-200,000 Model S, X, cash flow from operations will be limited.
Any opinions? Will Tesla have to have another secondary? How much?