Elon Musk says don’t worry about Tesla’s burn rate—he might be right

A lot of people are worried about how quickly Tesla is burning through cash. In a Monday story, Bloomberg extrapolated Tesla's recent cash burn rate—$3.48 billion over the last 12 months, or $6,500 per minute—to estimate that Tesla might run out of cash before the end of 2018. Tesla has had to raise … social experiment …