Musk's Tesla may need $10 billion by 2020: Goldman Sachs
Elon Musk-led electric automaker Tesla may need over $10 billion by 2020 to fund its operations and expected expansion into China, according to Goldman Sachs. Earlier, Musk had responded to a report that claimed Tesla is heading to a "cash crunch", saying the company doesn't need to raise money. He also claimed Tesla will be profitable in Q3 and Q4.