Haha 635 Million in stocks and 1.3 Bil in Bonds... Who is gonna buy it and what % ? I predict 12-14 % deep in junk. ET has been covering Felon's assertion into oblivion for a while, it was no surprise he needed funding in Q2 or would default to suppliers in Q3... This funding should keep Tesla going until year end, when they will need to raise capital again in Q4 or Q1 2020, but stock will be trading at 50 by that time
Right, dump truck.
2025 bonds are under 8.5% but these converts are going to magically yield 14%. Shares are up. cornholio's micropenis cannot be cured.
