Tesla needs over $1 billion in cash over the next 6 months, and Wall Street is going nuts figuring out where it’s going to come from

Tesla needs over $1 billion in cash over the next 6 months, and Wall Street is going nuts figuring out where it’s going to come from

Between the moment you’re reading this and the end of 2018 Tesla needs to come up with about a billion dollars to give to creditors. And right now it doesn’t look like the company has it. So forget the libel lawsuits and the Twitter wars, the SEC investigations and tearful interviews from CEO Elon Musk. Forget the race to 5,000 Model 3s and the “production hell” turned “delivery hell” and all the hours of rework. Try to forget all the drama with hip-hop star Azealia Banks (if you possibly can). Remember instead that Tesla is –…

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Zimbabwe Bans Street Food Over Typhoid, Cholera Fears

Zimbabwe Bans Street Food Over Typhoid, Cholera Fears

Zimbabwe has banned street food vendors in the capital Harare after a typhoid outbreak blamed on poor sanitation and erratic water supplies. Portia Managazira, director for epidemiology and disease control in the health ministry, told AFP there had been more than 2,300 suspected cases of typhoid nationally in the last year, and 12 deaths. “The cases were mostly from Harare… We are still in emergency response mode and we are doing everything possible to get the situation under control,” she said. Harare has been reeling under an acute shortage of…

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