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by slededit 3001 days ago
Its amazing your getting downvoted. Anyone who even looked at bond pricing in the last few years would be shocked by an 8% yield, and a 2% short term move. Those numbers are simply not normal for any healthy company post 2008.
1 comments
perl4ever 3000 days ago
It's only relevant if they need to issue more bonds, though, I would think. Couldn't they issue stock? As we see with ICOs, and Tesla's soliciting of deposit money, and other companies issuing stock with no voting rights, there seems to be a vast ocean of capital floating around that people can be sweet-talked out of for almost nothing. Heck, maybe they could start a GoFundMe.
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Analemma_ 3000 days ago
> Couldn't they issue stock?

They could, but with TSLA down almost 30% in a month and shareholders already grumbling, they are fast approaching the limits of what they can tap in the equity market.

> Heck, maybe they could start a GoFundMe.

Please be serious. Tesla is losing $400 million every month and has over a $1 billion in debt payments due over the next year. We’re talking about big person money here.

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perl4ever 2999 days ago
$400 million every month? What is your source? The latest official financial filing says they lost an average of $163 million per month in 2017.

See https://www.sec.gov/Archives/edgar/data/1318605/000156459018...

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