Elon musk is asking for donations to save tesla inc

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Elon musk is asking for donations to save tesla inc. "The wall street journal reported that tesla asked some suppliers to refund a portion of what tesla owes them." Here is the situation- Tesla's accounts payable balance was 2.6 billion at the end of the first quarter. Net working capital was at -2.27 billion in march, 2018. A year ago, that figure was $780 million. Explain how Mr. Musk's request for "donations" would impact Tesla's financial position.

Reference no: EM132079495

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