AutoBeta(AutoBeta.net)04/30 Report--

Tesla said on April 29 local time that he was looking for other sources of financing and that the cash flow at this stage was sufficient to cope with investment and debt repayment in the coming year.

Although the company has been plagued by self-driving and fire scandals, the newly listed model3 has been welcomed by the market. Foreign media reported that Tesla said on Monday that he was seeking financing from other channels. Tesla's share price rose 1.8% to $239.42 on the news.

According to analysts in the securities industry, Tesla needs to raise more money for his expansion and to prepare for the start-up of a port plant in Shanghai, which plans to start production of model3 models by the end of the year. And its compact SUV model model Y follow-up production plan also needs a huge amount of money.

Tesla's situation gave a red light to more new energy car companies, while Li Bin, CEO of Lailai Automobile, said that the investment in R & D and production of new energy vehicles would be at least 50 billion yuan, while Tesla's capital issuance of corporate bonds in the market plus stocks issued from investors and cash flow had consumed more than 100 billion yuan.

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