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What does that mean? I thought I read somewhere the cost of insuring Tesla debt had implied a high chance of default?
by dawhizkid 8y ago
What does that mean? I thought I read somewhere the cost of insuring Tesla debt had implied a high chance of default?
- JumpCrisscross 8y ago> the cost of insuring Tesla debt had implied a high chance of default? There is a high chance of default. If the bond markets sour, Tesla will have to write off a lot of projects and lay off a lot of people to attempt stabilization. That basically shoots out their Model 3 and energy projects, which would bring the company's basic viability into question.