Tesla Seeks Up to $1.15B as Musk Hedges Model 3 Risk

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How much money did the company reportedly burn last quarter?
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2.
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What does the text suggest about the company's capital expenditure plans?
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What financial challenges is the company facing according to the text?
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What is the significance of the Model 3 in the company's strategy?
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What issues are highlighted regarding the company's battery business?
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