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The "junk bond" rating and high debt load makes me a little nervous, but maybe that's irrelevant and this is just them raising money as an accelerant because th
by ryanwaggoner 9y ago
The "junk bond" rating and high debt load makes me a little nervous, but maybe that's irrelevant and this is just them raising money as an accelerant because they can get it at a good price?
- skybrian 9y agoThey need the money. From a few days ago: "The company burned through $1.16 billion in cash in the second quarter [...] a little more than $3 billion in cash on hand" https://www.bloomberg.com/news/articles/2017-08-02/tesla-burns-through-record-cash-as-musk-brings-model-3-to-market https://www.bloomberg.com/news/articles/2017-08-02/tesla-bur...