Tesla will be profitable in Q3, Q4, tweets Elon Musk

Responding to a report on Tesla heading to a "cash crunch", Tesla Co-founder Elon Musk has tweeted "will be profitable & cash flow+ in Q3 & Q4, so obv no need to raise money." Reports had claimed Tesla needs to raise $2.5-3 billion this year. In February, Tesla reported its biggest-ever quarterly loss at around $675 million for Q4 2017.