Experts say Tesla has repeated car industry mistakes from the 1980s

Why Tesla is having a harder time than SpaceX

SpaceX debuted a powerful new rocket, the Falcon Heavy, and has successfully launched seven orbital missions. Tesla has struggled to produce its Model 3 electric sedan at promised rates, raising questions about the company’s cash flow and encouraging short-sellers. On March 23, a driver was killed after his Tesla’s autopilot system steered the car into a barrier, though the system is not intended to be used without a driver’s hands on the wheel.

Motorist who sat in passenger seat of Tesla on UK motorway banned for 18 months

Tesla Doesn’t Burn Fuel, It Burns Cash

Tesla is going through money so fast that, without additional financing, there is now a genuine risk that the 15-year-old company could run out of cash in 2018. The company burns through more than $6,500 every minute, according to data compiled by Bloomberg. Free cash flow—the amount of cash a company generates after accounting for capital expenditures—has been negative for five consecutive quarters.