BLOOMBERG Best Of Bloomberg Technology March 19, 2017
First, our lead story. Elon musk needs to raise 1. 15 billion to bring his model three to market. His believers could hardly be happier. Tesla shares rose on the news. Elon musk is personally participating at purchasing 25 million of common stock. We caught up with a bullish analyst and bloombergs david welsh. Analysts are skeptical. Yesterday, after this, some think hes still going to have to go back and get more money. One possible explanation is it will be a soft launch of the model three. In other words, later in the year, we will not see a lot of production of the car, so they will not be...