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Blog Tesla Hopes to Fund Production With $1.5 Billion Junk Bond Offering

Discussion in 'Tesla, Inc.' started by TMC Staff, Aug 8, 2017.

  1. TMC Staff

    Joined:
    May 19, 2017
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    240
    Tesla plans to raise $1.5 billion through a high-yield junk bond offering, with road shows expected to begin Monday. The fresh cash would help ramp up production of the recently released Model 3 sedan. Tesla said last week it anticipates $2 billion in capital expenditures during the second half of the year to support production...
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