Tesla Turns to Roadster Deposits for a Creative Financing Solution

The real genius of the car is not the car itself but what it does for Tesla. Even pre-orders for 1000 Founders Series cars means the company will have a whopping $250 million sitting in its cash coffers. Nice, amount of change if you can get it. Sure it is not revenue and sits on the books as debt, but it also boosts company’s cash position — and cash, more than money, is always handy.