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Does this have something to do with the decision of the owners of Tesla's convertible bonds if to get back cash or shares? https://www.businessinsider.com/tesl
by zepearl 8y ago
Does this have something to do with the decision of the owners of Tesla's convertible bonds if to get back cash or shares?
https://www.businessinsider.com/tesla-to-pay-march-convertible-debt-cash-stock-report-2018-12?r=US&IR=T https://www.businessinsider.com/tesla-to-pay-march-convertib...
I mean that maybe if the bond owners see that Tesla is (really?) about to deliver the 35k model they'll opt less for cash and more for stocks? (therefore Tesla would have less problems with liquidity)
- travisoneill1 8y agoNo. The only factor is the convert price vs the stock price. If the stock price is lower, they will just take the cash and buy the stock on the open market at a better price.
- camjohnson26 8y agoExactly. The bonds will be paid in cash at this point, no question.
- zepearl 8y agoThx!