Tesla ($TSLA) has around $1 billion in debt coming due over the next six months and right now it doesn’t have the cash

Sharing is Caring!

Source: www.businessinsider.com/wall-street-wonders-how-tesla-will-pay-off-over-1b-in-debt-coming-due-2018-10

Money is tight and Tesla has some bills coming due:

In November the company needs to shell out $230 million for a convertible bond payment. And by the end of the year, it needs to have an additional $920 million in the bank to pay a loan due in March. It also has a small $157 million non-recourse loan due in December.

READ  Amazing - the stupidity around what is clearly a speculative bubble
READ  What Inflation? US Residential Rents Expected To Rise By 9.5% Over Next 12 Months (Cleveland Has Fastest Rent Growth??)
472 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.