Elon Musk is burning through cash and may need to raise more soon to produce the mass-market electric sedan Tesla Inc. is banking on to reach the mainstream consumer.

A capital raise would provide more cushion to the smallest and youngest publicly held U.S. automaker, which has huge expenditures planned ahead of introducing the Model 3 sedan in July. Tesla burned through cash in the fourth quarter and expects to spend as much as $2.5 billion in the first half of the year before fielding its first mass-market car.

Read More: Bloomberg 

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