Tesla continues to burn cash and adding SolarCity to its operations accelerates that. Tesla burned $332.5 million from operations during the past 12 months and consumed $1.3 billion in capital expenditures. That’s a aggressive cash burn for a company with $3.2 billion in cash and short-term investments. Meanwhile, SolarCity tore through $2.8 billion in free cash flow during the past 12 months, a startling amont considering the company has $145.7 million in cash. Refinancing can shore up the cash situation in the short-term, but the combined company will need to start generating cash soon.

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