Re:Cash Squeeze at Tesla, SolarCity
by rsync on Thursday September 01, 2016 @04:14PM
(#12408513)
"With Tesla's credit rated in junk bond territory and both Solar City and Tesla needing large chunks of cash in the next year, it looks like Telsa is going to have to tap the equity markets again."
Didn't they just (effectively) get a ~500 million dollar interest free loan in the form of the hundreds of thousands of model3 pre-orders that were placed ?
I would have thought tesla was relatively cash rich these days.
Didn't they just (effectively) get a ~500 million dollar interest free loan in the form of the hundreds of thousands of model3 pre-orders that were placed ?
I would have thought tesla was relatively cash rich these days.