Based on the provided context, Tesla’s cash reserve is mentioned as follows:
### Tesla’s Cash & Investments (Latest Reported)
– Over $30 billion in cash and investments as of Q2 2024 .
– Positive free cash flow of $1.3 billion in Q2 2024, despite restructuring costs .
### Key Context on Financial Strength
1. Strong Liquidity Position
– Tesla maintains one of the highest cash reserves in the auto industry.
– The $30B+ cushion helps fund:
– AI & FSD development (Dojo, robotaxi, Optimus).
– Global factory expansions (China, Texas, potential Mexico).
– Energy storage scaling (Megapack, Powerwall).
2. No Immediate Financial Risks
– Elon Musk stated:
> “We’re not on the ragged edge of death. Not even close.”
– The company is not reliant on subsidies (IRA credits) for survival .
### Comparison to Previous Quarters (Not in Context, but for Reference)
– Q1 2024: Also reported over $30B in cash .
– 2023 Year-End: ~$26B (showing a sequential increase in 2024).
### Conclusion
Tesla’s cash reserve remains robust at >$30B, supporting aggressive investments in autonomy, robotics, and energy while weathering macroeconomic challenges (tariffs, interest rates).
Would you like details on how Tesla plans to deploy this cash?