"Tesla also expects to achieve full GAAP profitability in Q3"
This is essentially saying "we don't expect to go insolvent". But no company would announce that they expect to go insolvent, so the statement is mostly meaningless.
This is essentially saying "we don't expect to go insolvent". But no company would announce that they expect to go insolvent, so the statement is mostly meaningless.
Musk did just that. Which given this exact situation may come back to haunt him.