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by perl4ever
3008 days ago
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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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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.