Tesla asks suppliers for refunds to help profit, Wall Street Journal report says
23 July 2018, 08:00
Tesla, whose eroding cash position has alarmed investors, requested a "meaningful" amount of payments made since 2016 to be returned, according to a memo obtained by the Wall Street Journal.
Source: http://www.autonews.com/article/20180723/OEM05/180729900/elon-musk-tesla-suppliers-refund-wall-street-journal
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Tesla, whose eroding cash position has alarmed investors, requested a "meaningful" amount of payments made since 2016 to be returned, according to a memo obtained by the Wall Street Journal.
Source: http://www.autonews.com/article/20180723/OEM05/180729900/elon-musk-tesla-suppliers-refund-wall-street-journal
Back to news list