Musk says Tesla will be cash-flow positive ‘all quarters going forward’

Elon Musk (L) is going to make cocky Bob Lutz (R) swallow his filthy cigar. Lutz predicted Tesla demise with 100% certainty

Tesla Inc. is not “staring death in the face," will likely be cash-flow positive for all quarters going forward, and doesn’t need more investment for now, Chief Executive Elon Musk said this week.

Musk spoke during a Recode Decode podcast released on Friday, saying he is back at a “manageable" 80-hour, 90-hour work week as Tesla is “over the hump" with the Model 3 production.

“Up until around September, we were really faced with, like, ‘we must solve this or we’re going to die,’ constantly. I feel like we’re no longer in the staring-death-in-the-face situation," Musk said.

Tesla last week reported a surprise GAAP and adjusted third-quarter profit and better-than-expected quarterly sales, sending the company stock higher. A calm and collected Musk on the post-earnings conference call with analysts boosted shares further.

How did Musk change the automotive world? He's a visionary, and just far more intelligent than the Bob Lutz's of the world.