Re:Elon Musk Makes $82B Gambit to Silence Tesla Critics
by anthonybsd on Wednesday August 08, 2018 @01:44PM
(#17717833)
> There is no indication at all that TSLA would have any trouble accessing the debt markets.
Actually there are a lot of indications that junk bond markets have little appetite for Tesla offerings:
https://www.bloomberg.com/news/articles/2018-03-28/tesla-bon...
https://www.thestreet.com/investing/tesla-junk-bonds-sending...
This doesn't make any sense. Companies don't go private because they need money unless it's a private buy-out. There is no indication at all that TSLA would have any trouble accessing the debt markets. In fact what we see is TSLA turning away investors like the Saudis who are eager to increase their exposure to the firm. If TSLA was so desperate for money why would they be turning away some of the biggest investors in the world?