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By issuing the debt and new shares that Elon swears he's not going to do.
by jonknee 8y ago
By issuing the debt and new shares that Elon swears he's not going to do.
- adventured 8y agoYou're misconstruing what Musk actually said. He said they're not going to need to issue / raise in 2018. They're not going to begin building a factory in China this year and won't need financing for it in the next five or six months. Edit: for the anti-Tesla downvoters - "CEO Elon Musk has said that Tesla wouldn't require new funding in 2018, in either equity or debt. On a call with investors, in response a question from Morgan Stanley analyst Adam Jonas, Musk said that when it comes to raising new money, "I specifically don't want to." " http://www.businessinsider.com/elon-musk-on-raising-more-money-in-2018-tesla-2018-5 http://www.businessinsider.com/elon-musk-on-raising-more-mon...
- jonknee 8y agoThe year doesn't matter, I have full confidence he'll keep saying they don't need to raise money right up until the day they raise money.