Tesla's Cash Flow Turned Negative as Inventory Piled Up

By Parkev Tatevosian, CFA – Apr 30, 2024 at 6:00AM

NASDAQ: TSLA

Tesla

Market Cap

$555B

Today's Change

(0.49%) $0.85

Current Price

$174.84

Price as of May 16, 2024, 4:00 p.m. ET

Tesla produced more vehicles than it delivered last quarter, leading to more cash usage than desired.

Fool.com contributor Parkev Tatevosian discusses how Tesla (TSLA 0.49%) is managing its latest challenge.

*Stock prices used were the afternoon prices of April 27, 2024. The video was published on April 29, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.