3 ms·
Tesla issued a bunch of bonds that come due in March. If the stock price is above ~350 then they can pay off the bonds in by converting them to stock. If it's l
by Avshalom 8y ago
Tesla issued a bunch of bonds that come due in March. If the stock price is above ~350 then they can pay off the bonds in by converting them to stock. If it's lower than that they pay them off in cash.
https://www.businessinsider.com/tesla-to-pay-march-convertible-debt-cash-stock-report-2018-12 https://www.businessinsider.com/tesla-to-pay-march-convertib...