Wednesday, 16 January 2019

Why More Gold M&A Is Coming: GEM Royalty TNR Gold Presentation - Gold In Alaskan Elephant Country.



We will discuss with you details of the recent mega-mergers in the Gold mining sector between Barrick Gold and Randgold which was followed this week by $10B merger between Newmont Mining and Goldcorp in my next blog article. Today I would like to share with you a few main thoughts about the recent stage of the Gold market. 




Now the best exploration for Gold is on the stock exchanges: all mining companies are greatly undervalued and junior miners are priced for their bankruptcy and office furniture liquidation value.  Major M&A is signalling that Golden Cross, which Frank Holmes is brilliantly illustrating above, is for real and industry insiders are shopping when the value is still really depressed, but this situation will not stay for long anymore. "Stealth Gold Bull Market" - Rob McEwen was talking about has grown up and is going to break a lot of "China in the monetary shop". 




Newmont Mining CEO Gary Goldberg was talking today on Bloomberg about falling Gold production in the years to come. The industry needs new resources and new giant projects in the pipeline just to keep the decline in production from a total crash. We have reached Peak Gold, great projects are coming few and far between. 




Barrick Gold is developing together with NovaGold 40MOZ giant Donlin Gold in Alaska - "arguably the most important Gold project in the world." So where will you be looking for the elephants? Maybe in the Alaskan Elephant Country

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.






Gold In Alaskan Elephant Country: TNR Gold Shotgun Gold Presentation December 2018.




"The third major component in TNR’s portfolio is the Shotgun gold project, located close to NovaGold and Barrick Gold’s Donlin project in Alaska. Early resource numbers suggest the project holds 20.7 million tons of ore with an average gold grade of 1.06 grams a ton, with a 0.5 g/t cut-off grade. Barrick and NovaGold’s project obtained a key environmental approval from the U.S. Army Corps of Engineers in April, indicating the government of Donald Trump is more amenable to mining in Alaska. Once again, external factors are moving in TNR Gold’s favor. 
Klip’s next step with Shotgun is to find an exploration partner of the same caliber as McEwen. One of TNR’s board members, Greg Johnson, founded NovaGold and was instrumental in the discovery of Donlin. He is entrusted with the task of finding that partner, Klip said. Don’t bet against TNR repeating the success it has had so far in ILC and Los Azules." InvestorIntel.




Who will start consolidation around Barrick's and NovaGold's Donlin Gold project in Alaska?




Donlin Gold Mining District infrastructure.



LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.






Building The Green Energy Metals Royalty Company: Interview With Executive Chairman Of TNR Gold 

Kirill Klip.







TNR Gold's Shotgun Project: Mining M&A - NovaGold’s Laser-focused Strategy Of Unlocking The Value Of Donlin Gold In Alaska After Newmont Buys Out Share Of Galore Creek.




This is why I am calling TNR Gold's Shotgun Gold project location in Alaska "Gold in Alaskan Elephant Country":

“This transaction is a win-win for all parties,” said Thomas Kaplan, NovaGold’s chairman. “For NovaGold’s shareholders, it is the continuation of a laser-focused strategy of unlocking the value of its assets and transforming the company into a pure play on Donlin gold, which we believe is the most important gold development story in the industry.”





Now Nova Gold has more capital to advance Donlin Gold and Alaska is getting back into mining business with the new wave of M&A activity in mining. The driving force for the next wave of consolidation in mining will be the lack of available exploration capital for the mining juniors due to the down cycle in the Gold market and smaller and smaller returns on the invested capital with the exploration in the green fields. 





To put it simply: it is harder and harder to find the promising projects with the initial confirmed resource, blue sky exploration potential, and stable mining jurisdiction to capitalize on the major gold discovery. I believe, that TNR Gold's Shotgun project is well placed in this part of the cycle in order to attract the major strategic partner for its development.




InvestorIntel: TNR Gold Fine Tuning Royalty Model For Green Energy Metals.


"The third major component in TNR’s portfolio is the Shotgun gold project, located close to NovaGold and Barrick Gold’s Donlin project in Alaska. Early resource numbers suggest the project holds 20.7 million tons of ore with an average gold grade of 1.06 grams a ton, with a 0.5 g/t cut-off grade. Barrick and NovaGold’s project obtained a key environmental approval from the U.S. Army Corps of Engineers in April, indicating the government of Donald Trump is more amenable to mining in Alaska. Once again, external factors are moving in TNR Gold’s favor. 
Klip’s next step with Shotgun is to find an exploration partner of the same caliber as McEwen. One of TNR’s board members, Greg Johnson, founded NovaGold and was instrumental in the discovery of Donlin. He is entrusted with the task of finding that partner, Klip said. Don’t bet against TNR repeating the success it has had so far in ILC and Los Azules."



Alaska is coming back in play as the best jurisdiction for the elephant style Gold deposits on the American soil. Barrick and Nova Gold are moving forward the giant Donlin Gold deposit and now the whole region play will bring the reevaluation for all players involved. 


Tuesday, 15 January 2019

Building The Green Energy Metals Royalty Company: TNR Gold Secures 3-Year Extension Of Long-Term Investment Loan.



"I am very pleased that the TNR Gold team has the full support of the Company's investment loan capital provider who is supporting our business plan and long-term strategic initiatives," commented Kirill Klip, Executive Chairman of TNR. "It is clear that the decision of our investment loan capital provider is a resounding show of confidence in TNR Gold's long-term business strategy, asset portfolio and management team. Now we can concentrate our efforts on building this green energy metals royalty company by maximizing the value of our royalty portfolio of copper and lithium projects that are instrumental in the electric vehicle and green energy sectors, investigating new strategic acquisitions, and development of the Shotgun Gold project in Alaska. The essence of our business model is to have industry leaders like McEwen Mining and Ganfeng Lithium as operators on the projects that will potentially generate royalty cash flows to contribute and develop significant long-term value for our shareholders."

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.






Building The Green Energy Metals Royalty Company: Interview With Executive Chairman Of TNR Gold 

Kirill Klip.





"Our GEMRoyalty business model helps us at TNR Gold to manage political, geological, technical and financial risks related to particular projects by participating in projects which are managed by industry leaders like McEwen Mining and Ganfeng Lithium. But a few more very important things must be talked daily about in order to create the ultimate strategy for success: how to build a business to benefit its long-term shareholders."




TNR Gold:

TNR Gold Secures 3-Year Extension of Long-Term Investment Loan


Vancouver, British Columbia--(Newsfile Corp. - January 15, 2019) - TNR Gold Corp. (TSXV: TNR) ("TNR" or the "Company") is pleased to announce that it has agreed with the lender to extend the maturity date of its investment long-term loan from January 31, 2019 to January 31, 2022. The total amount due to be repaid on January 31, 2019 is CAN$5.6 million. Other terms and conditions of the loan facility (as previously announced on January 5, 2016 and May 31, 2012) have not changed.
"I am very pleased that the TNR Gold team has the full support of the Company's investment loan capital provider who is supporting our business plan and long-term strategic initiatives," commented Kirill Klip, Executive Chairman of TNR. "It is clear that the decision of our investment loan capital provider is a resounding show of confidence in TNR Gold's long-term business strategy, asset portfolio and management team. Now we can concentrate our efforts on building this green energy metals royalty company by maximizing the value of our royalty portfolio of copper and lithium projects that are instrumental in the electric vehicle and green energy sectors, investigating new strategic acquisitions, and development of the Shotgun Gold project in Alaska. The essence of our business model is to have industry leaders like McEwen Mining and Ganfeng Lithium as operators on the projects that will potentially generate royalty cash flows to contribute and develop significant long-term value for our shareholders."



TNR Gold Corp. is working to become a green energy metals royalty company.
Over the past 23 years, TNR, through its lead generator business model, has been successful in generating high-quality exploration projects around the globe. With the Company's expertise, resources and industry network, it identified the potential of the Los Azules copper project in Argentina and now holds a 0.36% NSR royalty on the entire project, which is being developed by McEwen Mining Inc.
TNR holds a strategic stake in International Lithium Corp. ("ILC"), a green energy metals company that was created through the spin-out of TNR's energy metals portfolio in 2011. ILC holds interests in lithium projects in Argentina, Ireland and Canada.
TNR retains a 1.8% NSR royalty on the Mariana Lithium Brine Property in Argentina. ILC has a right to repurchase 1.0% of the NSR royalty on the Mariana Lithium property of which 0.9% relates to the Company's NSR interest. The Company would receive $900,000 on the execution of the repurchase. The project is currently being advanced in a joint venture between ILC and Ganfeng Lithium International Co. Ltd.
At its core, TNR provides significant exposure to gold, copper and lithium through its holdings in Alaska (the Shotgun gold porphyry project) and Argentina, and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value.
On behalf of the Board of Directors,
Kirill Klip
Executive Chairman
For further information concerning this news release please contact +1 604-229-8129
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "will", "could" and other similar words, or statements that certain events or conditions "may" or "could" occur, although not all forward-looking statements contain these identifying words. Specifically, forward-looking statements in this news release include, but are not limited to, statements made in relation to: TNR's corporate objectives, changes in share capital, market conditions for energy commodities, the results of McEwen Mining's and ILC's PEAs, and improvements in the financial performance of the Company. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the Company's interim and annual Management's Discussion and Analysis which are available under the Company's profile on www.sedar.com. While management believes that the assumptions made and reflected in this news release are reasonable, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. In particular, there can be no assurance that: TNR will be able to repay its loans or complete any further royalty acquisitions or sales; debt or other financing will be available to TNR; or that TNR will be able to achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking statements included herein are not guarantees of future performance, and such forward-looking statements should not be unduly relied on.
In formulating the forward-looking statements contained herein, management has assumed that business and economic conditions affecting TNR and its royalty partners, McEwen Mining Inc. and International Lithium Corp. will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.
Forward-looking information herein and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

Wednesday, 9 January 2019

Tesla Energy rEVolution: How To Cross Digital Divide - GEM Royalty Blockchain Capital Presentation.


Kirill Klip, Executive Chairman of TNR Gold: "Among these strategic initiatives will be research and marketing of convertible royalty debentures - debt instruments allowing conversion directly into part-ownership of our royalty holdings; M&A activities aimed at creating partnerships on the basis of our royalty holding companies and exploring the opportunities provided by blockchain technology in order to create access to capital allocated for crypto assets. We are actively seeking partners who would like to connect their digital assets with our potential future royalty cash-flow streams."

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.






Building The Green Energy Metals Royalty Company: TNR Gold Announces Strategic Initiatives - Convertible Royalty Debentures And Exploring Blockchain Technology In Order To Create Access To Capital Allocated For Crypto Assets.




"All junior mining companies are facing a lack of investment capital allocated to our sector in this part of the cycle. It is very difficult to raise capital on acceptable terms without excessive dilution for our shareholders by using only conventional avenues available for our type and size of the company; by issuing securities, using debt instruments or selling assets. We would like to proactively manage our capital base and start a strategic review of our royalty portfolio in order to optimize our holdings and meet strategic goals," stated Kirill Klip, Executive Chairman of TNR. "Among these strategic initiatives will be research and marketing of convertible royalty debentures - debt instruments allowing conversion directly into part-ownership of our royalty holdings; M&A activities aimed at creating partnerships on the basis of our royalty holding companies and exploring the opportunities provided by blockchain technology in order to create access to capital allocated for crypto assets. We are actively seeking partners who would like to connect their digital assets with our potential future royalty cash-flow streams."


"The future of blockchain technology is one of untold promise, and it may provide a more efficient, cost-effective and secure manner for transactions. This will expedite investment, reduce barriers to entry and help further global economic growth. It is of my opinion that blockchain technology is the next great evolution of financing. The evolution of 'crypto capitalism' will further all stages of business, radically streamline costs and ensure the highest possible amount of funds possible are solely directed to projects and connect global investment networks efficiently," commented John Davies, Director of TNR. "At TNR Gold we endeavour to analyze this process in depth, ascertain how blockchain technology can be utilized in the future for capitalization efforts for not only our consideration but for the entire mining and exploration sectors and those involved in commodities. TNR Gold goes beyond the balance sheet as we are the little company with a great ambition to better our world."




The Code: How To Survive In Junior Mining And Build The Green Energy Metals Royalty Company.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.





Building The Green Energy Metals Royalty Company: Interview With Executive Chairman Of TNR Gold 

Kirill Klip.





"Our GEMRoyalty business model helps us at TNR Gold to manage political, geological, technical and financial risks related to particular projects by participating in projects which are managed by industry leaders like McEwen Mining and Ganfeng Lithium. But a few more very important things must be talked daily about in order to create the ultimate strategy for success: how to build a business to benefit its long-term shareholders."



VISIT TNR GOLD FOR ALL UPDATED PRESENTATIONS.




TNR Gold:

TNR GOLD ANNOUNCES STRATEGIC INITIATIVES


Vancouver, British Columbia--(Newsfile Corp. - December 18, 2018) -  TNR Gold Corp. (TSXV: TNR) ("TNR" or the "Company") is pleased to announce that the Company is launching strategic initiatives in order to investigate new opportunities for raising capital for a junior mining company.
"All junior mining companies are facing a lack of investment capital allocated to our sector in this part of the cycle. It is very difficult to raise capital on acceptable terms without excessive dilution for our shareholders by using only conventional avenues available for our type and size of the company; by issuing securities, using debt instruments or selling assets. We would like to proactively manage our capital base and start a strategic review of our royalty portfolio in order to optimize our holdings and meet strategic goals," stated Kirill Klip, Executive Chairman of TNR. "Among these strategic initiatives will be research and marketing of convertible royalty debentures - debt instruments allowing conversion directly into part-ownership of our royalty holdings; M&A activities aimed at creating partnerships on the basis of our royalty holding companies and exploring the opportunities provided by blockchain technology in order to create access to capital allocated for crypto assets. We are actively seeking partners who would like to connect their digital assets with our potential future royalty cash-flow streams."
"The future of blockchain technology is one of untold promise, and it may provide a more efficient, cost-effective and secure manner for transactions. This will expedite investment, reduce barriers to entry and help further global economic growth. It is of my opinion that blockchain technology is the next great evolution of financing. The evolution of 'crypto capitalism' will further all stages of business, radically streamline costs and ensure the highest possible amount of funds possible are solely directed to projects and connect global investment networks efficiently," commented John Davies, Director of TNR. "At TNR Gold we endeavour to analyze this process in depth, ascertain how blockchain technology can be utilized in the future for capitalization efforts for not only our consideration but for the entire mining and exploration sectors and those involved in commodities. TNR Gold goes beyond the balance sheet as we are the little company with a great ambition to better our world."



TNR Gold Corp. is working to become a green energy metals royalty company.
Over the past 22 years, TNR, through its lead generator business model, has been successful in generating high-quality exploration projects around the globe. With the Company's expertise, resources and industry network, it identified the potential of the Los Azules copper project in Argentina and now holds a 0.36% NSR royalty on the entire project, which is being developed by McEwen Mining Inc.
TNR holds a strategic stake in International Lithium Corp. ("ILC"), a green energy metals company that was created through the spin-out of TNR's energy metals portfolio in 2011. ILC holds interests in lithium projects in Argentina, Ireland and Canada.
TNR retains a 1.8% NSR royalty on the Mariana Lithium Brine Property in Argentina. ILC has a right to repurchase 1.0% of the NSR royalty on the Mariana Lithium property of which 0.9% relates to the Company's NSR interest. The Company would receive $900,000 on the execution of the repurchase. The project is currently being advanced in a joint venture between ILC and Ganfeng Lithium International Co. Ltd.
At its core, TNR provides significant exposure to gold, copper and lithium through its holdings in Alaska (the Shotgun gold porphyry project) and Argentina, and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value.
On behalf of the Board of Directors,
Kirill Klip

Executive Chairman
For further information concerning this news release please contact +1 604-700-8912
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "will", "could" and other similar words, or statements that certain events or conditions "may" or "could" occur, although not all forward-looking statements contain these identifying wordsSpecifically, forward-looking statements in this news release include, but are not limited to, statements made in relation to: TNR's corporate objectives, changes in share capital, market conditions for energy commodities, the results of McEwen Mining's and ILC's PEAsand improvements in the financial performance of the Company. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the Company's interim and annual Management's Discussion and Analysis which are available under the Company's profile on www.sedar.com. While management believes that the assumptions made and reflected in this news release are reasonable, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. In particular, there can be no assurance that: TNR will be able to repay its loans or complete any further royalty acquisitions or sales; debt or other financing will be available to TNR; or that TNR will be able to achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking statements included herein are not guarantees of future performance, and such forward-looking statements should not be unduly relied on.
In formulating the forward-looking statements contained herein, management has assumed that business and economic conditions affecting TNR and its royalty partners, McEwen Mining Inc. and International Lithium Corp. will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.
Forward-looking information herein and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

Tuesday, 8 January 2019

Tesla rEVolution, China's New Energy Plan And The Most Important Charts For All Electric Cars.



Tom Randall brilliantly paints a picture of the "Tesla's Life After Hell" and Elon Musk's struggles with the demons and, this is not a secret, some of them he has summoned himself. But I definitely would like to point out that in my very own personal opinion "mass media" is not helping us all to make the life-saving transition from the ICE Age fueled by dirty Oil. And it only proves the very unfortunate fact that journalism is dying out as a Class, meaning the Style, Dignity and ability to handle the truth. But maybe it is too much to ask these days from anybody? "Mass media" is not educating, debating and reporting facts anymore, but rather salivating on hatred and reflecting the masses with a very low bar click-baiting skills. Tom Randall is standing out from all that "bought by the dozens at discounted pre-paid price" filthy crowd and you should enjoy his articles and charts on the links below.




Apart from defending Elon Musk who has changed the world already and now is making Electric Cars affordable for all of us, I would like to discuss a few more charts painting the picture for the future battles after these brave Trade Wars will be gone from the headlines, unfortunately, with a few trillions of dollars in market capitalisation worldwide which will be lost forever. The chart above is the most important one for all makers of electric cars. Tesla has demonstrated that Lithium Battery prices can drop faster than projected before. We have discussed the importance of it already. Elon Musk was talking last year that lithium cells will become cheaper than $100 per KWh by this year and price for lithium battery packs will follow by 2020. It can happen to be "Elon's Time", but this progress should not be underestimated. We are getting closer to my 20 /200 formula for the EVs mass market when $20k buys you BMW 2 style electric car with 200 miles range.


The following few charts will continue our discussion about the fact that Security of Lithium Supply is everything for Tesla rEVolution. After breaking ground in Shanghai for Tesla Gigafactory 3 yesterday these sobering facts are more than timely in order not to lose the Big Picture. Elon Musk and Tesla will face the military machine "Made in China" competing for the supply chains in the Post Carbon Economy. Smart money controls bottlenecks. We are talking about Energy Security here, Life After Oil and Electrification. Disruption of $12 Trillion Energy and Transportation depends on $3B Lithium market.



China has implemented many years ago New Energy Plan with the state-level approach and military discipline in execution. Today we can see the results. China controls the supply of lithium chemicals, very fast becomes the dominant force in Lithium Batteries and its "1000" automakers are striving to build electric cars almost all at once. Coming Tesla Gigafactory can provide the lacking best technology for the total domination of EV space. China is making another "leap forward" straight into the Post Carbon Economy with Solar, Wind and Electric Cars.




China's leadership in this transition is very positive for all humankind as it will not allow fighting Tesla and citizens' right for the clean air with the brave ideas about "Clean Coal" and "Clean DIEsel" anymore. But recent Trade Wars and following market's panic attacks which brought us very fast to the near recession sobering thoughts are raising the very important questions. What will happen if China will use its "soft power" and control of the supply chains in the Tesla Energy rEVolution? Will China build a green energy future for us? Lithium industry is already learning Mandarin and praying for deals with China. Now we can all start praying for mercy.




In all this upbeat conversation about economic development, long-term goals and strategic planning we can not waste our time waiting for the leadership from our wise tribal leaders who are fighting for us on the Bubble TV. We continue to work in order to find our own way how to cross the digital divide and finance Tesla rEVolution. We are facing Oligopoly controlling lithium supply and can be facing Monopoly after more brave Trade Wars.





Building The Green Energy Metals Royalty Company: TNR Gold Reports On Mariana Lithium Royalty Holding - Ganfeng Lithium JV In Argentina Announced PEA Results.




“The Mariana Lithium PEA study for ILC is the first preliminary economic study that provides a potential value for the total NSR Royalty from the project’s life of mine cash flow. TNR’s 1.8% NSR Royalty is an important part of TNR’s portfolio,” stated Kirill Klip, Executive Chairman of TNR. "The essence of our business model is to have industry leaders like Ganfeng Lithium as operators on the projects that will potentially generate royalty cash flows to contribute significant value for our shareholders.” 





Bloomberg:


Tesla's Life After Hell: 7 Charts Show Musk on Firmer Footing

By Tom Randall

"One year ago, Tesla Inc. was struggling to turn out a few hundred Model 3 sedans in a week—and then things got worse. Elaborate plans for factory automation had to be scrapped at extraordinary cost, debts piled up and investors were spooked. At the lowest moments of 2018, Chief Executive Office Elon Musk said, the company bled $100 million a week.   
To start 2019, Tesla is turning out more than 4,700 Model 3s each week. The electric-car maker has emerged from its year of existential uncertainty as one of the most valuable car companies in the world, with a stock value greater than Ford Motor Co., General Motors Co., BMW AG and, depending on the day of the week, Daimler AG. This may end up helping the company reduce its debt obligations and limit future borrowing costs. The hot mess that was last year has, somewhat surprisingly, forged Tesla into a company on more solid footing for the year ahead. 
As more cars roll out, money is flowing in. The Model 3 is now  generating more revenue than any other sedan in the U.S., and Tesla’s cash flows have flipped from burning about $1.7 billion in the first half of 2018 to generating $774 million in the third quarter. (Results for the fourth quarter and full year are expected in February.) 
A decade after cobbling together its first car, Tesla and its  havoc-making CEO still have much to prove. But the question of whether Tesla would ever make the leap to mass manufacturing has been answered. Here are seven themes capturing Tesla’s tumultuous year of “production hell”and indicating where the company could go next..."