May 6, 2015 / 11:15 PM / 5 years ago

Tesla Motors says it will be cash-flow positive in fourth quarter

(Reuters) - Tesla Motors Inc (TSLA.O) should have “really good” cash flow in the fourth quarter, Chief Executive Elon Musk said on Wednesday during a first-quarter earnings conference call with analysts.

Tesla Chief Financial Officer Deepak Ahuja said the company will be cash-flow positive in the fourth quarter this year.

Tesla’s cash reserves fell to $1.5 billion as of March 31 from $1.9 billion at the end of 2014.

Reporting by Bernie Woodall; Editing by Ken Wills

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