Los Angeles Times

No fooling: Time for Elon Musk to explain why bankruptcy's not in the cards for Tesla

On April 1, Elon Musk tweeted that Tesla was bankrupt. He was just joking. April Fools'!

This week, Musk will be forced to explain why bankruptcy isn't a serious possibility.

He'll be responding to questions from stock analysts about first-quarter financial results to be released Wednesday afternoon. Everyone who closely follows Tesla – bulls, bears, neutral onlookers – expects the results to be abysmal.

Another record quarterly loss is widely anticipated. The consensus estimate among 27 Tesla analysts pegs that figure at slightly deeper than last quarter's record $675-million loss. More

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