Tesla is losing $6,500 every minute and needs another $2 billion to get through the year.

RT reports:

Tesla is losing $6,500 every minute and needs another $2 billion to get through the year. With losses continuing to mount, the spotlight of scrutiny has ramped up on the former media darling.

There is now a “genuine risk” that Elon Musk’s electric car company will not survive until the end of the year, Bloomberg reports.

Tesla is failing to meet its own production targets for its Model 3 sedan, a Tesla driver was killed while using his cars autopilot feature and a shareholder in the company urged the board to boot Musk as chairman.

On April Fool’s day, Musk joked on Twitter that his company had gone bankrupt and now Bloomberg is reporting that that is a distinct possibility. “Tesla is going through money so fast that, without additional financing, there is now a genuine risk that the 15-year-old company could run out of cash in 2018,” the financial news agency said on Monday.

Can Tesla rent-seek for another year???