Published On: Mon, Aug 7th, 2017

Tesla seeks $1.5 billion junk bond issue to fund Model 3 production – Reuters


Reuters

Tesla seeks $1.5 billion junk bond issue to fund Model 3 production
Reuters
DETROIT (Reuters) - Tesla Inc (TSLA.O) said on Monday it would raise about $1.5 billion through its first-ever offering of junk bonds as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The ...

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