COMMENT: A US$100bn valuation—but Telsa isn’t out of the woods yet

Tesla rode a rocky path in 2019, beginning last year with a US$702m loss in Q1, its fourth-worst quarterly loss since becoming a publicly-listed company in 2010. It also faced a number of seismic issues, from the dramatic drop in deliveries of the Model 3 to liquidity fears raised by a company-wide cost-cutting program.