Elon Musk said last week that Tesla is designing a new sports car that could go from zero to 60 mph in 1.9 seconds. But Bloomberg reports that over the past year, the company has spent about $8,000 USD a minute, which will leave Tesla exhausted of funds by August 6 of next year. There have also been reports of Tesla increasing production of its Model 3 after " production bottlenecks " in its third quarter.