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He said Tesla is evaluating its options for raising more cash, but did not give any indication of when that may happen.
The "Fast Money" traders examined Tesla's stock after the company reported its fourth-quarter results.
Tesla Chief Financial Officer Jason Wheeler will leave the company in April to pursue "opportunities in public policy."
Tesla says it received a record number of Model S and Model X orders, but one portfolio manager believes there is no growth anymore.
Here are some of the key stories CNBC is following this hour.
Tesla said Wednesday that its Model 3 program is "on track" to start limited volume production in July.
Tesla shares rose in after hours trading after the company posted wider-than-expected loss, despite better than expected sales.
For the second straight year, owners of vehicles at least 3 years old are reporting more problems with their cars, trucks and SUVs.
Uber CEO Travis Kalanick apologized in an all-hands meeting at the company's San Francisco headquarters that employees who participated described as "honest, raw, and emotional."
With commodity prices rallying off historical lows over the past year, pricing in "robust" expectations, but now, markets need to see real demand, Goldman Sachs said.
A study finds the most popular cars for high-income Americans are pretty much what everyone else drives, notably Fords, Jeeps, and Hondas.
Uber's CEO has sent a company-wide email responding to a blog written by a former employee alleging workplace sexual harassment.
Ferrari just introduced a new set of wheels that lives up to its name: 'Superfast.'
The California-based company reported a loss on Thursday, though it was not as bad as analysts expected.
Jim Cramer says he was wrong about driverless cars after testing out a Waymo.
Rob Myers founded the world's leading automobile restorer and auction house.
UBS lowers its Tesla 2016 earnings per share estimate to negative $3.50 from negative $2.50 due to its solar business.
Criticism of the so-called Muslim ban popped up on Elon Musk's Twitter account Wednesday, but then almost immediately disappeared.
Lamborghini is recalling 5,900 of its sports cars over a fire risk.
Here are some of the key stories CNBC is following this hour: