[calafrax]

5.3% is not incredibly low for a corporation borrowing 1.8 billion. it is pretty high which is why investors are jumping on it.

This adds $95 million in interest expense per year which is pretty substantial.

[howinator]

It is incredibly low for bonds in the "junk" trough. For companies with Tesla's credit rating, you're typically looking at 6.5-7.8%. If you're GE, you're of course going to pay a lot less, but GE has a much more robust credit history.