Tesla’s cash burn compared to GM

It seems that analysts are always talking about Tesla’s “cash burn.” Let’s put that into perspective. Even though Tesla is having 50% year over year growth, GM won’t stand by and watch Tesla have greater CapEx than it, right? Not only that, but GM is surpassing Tesla’s effort by having negative growth. Where is all the doom and gloom in the media for GM? It’s a good thing that GM buys a lot of advertising with NBC Universal.  Heck, GM spent $3.77bil on advertising in 2016. That buys a lot of goodwill with the press.

https://www.statista.com/statistics/261531/general-motors-advertising-spending-in-the-us/

But look below to see some analysis on GM’s cash burn.