Amortization is simply depreciation of intangible assets...
And with Tesla and Elon Musk especially, it's extremely foolish to assume that Tesla will meet any of the benchmarks that Elon has ever set...since they never have.
Right now, Elon is saying they have 10 months until cash runs out. And knowing Elon, that's almost certainly an overly optimistic prediction since it doesn't take into account the increased burn rates necessary to launch the Model Y or the self-driving taxi fleet, so less than 10 months. If Tesla doesn't raise additional capital by the end of 2019, they won't see the end of 2020 as a going concern.
And with Tesla and Elon Musk especially, it's extremely foolish to assume that Tesla will meet any of the benchmarks that Elon has ever set...since they never have.
Right now, Elon is saying they have 10 months until cash runs out. And knowing Elon, that's almost certainly an overly optimistic prediction since it doesn't take into account the increased burn rates necessary to launch the Model Y or the self-driving taxi fleet, so less than 10 months. If Tesla doesn't raise additional capital by the end of 2019, they won't see the end of 2020 as a going concern.