Finance

Elon Musk 'Starved The Balance Sheet' At Tesla Post-IPO To Keep Employees Sharp, Says Former TSLA President McNeill

Former Tesla Inc. president Jon McNeill revealed that after its 2010 IPO, Elon Musk intentionally “starved the balance sheet,” often keeping only enough cash on hand to last a single quarter to avoid complacency. Tesla Operated on Minimal Cash Speaking on TBPN with John Coogan and Jordi Hays, McN...