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Tesla raises $1.8B

reuters.com

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Re: Tesla raises $1.8B

#3
post #2

How much of this is actually being used to pay down SolarCity debt?

You can't pay debt with debt. They may be getting better interest rates on the bond market to refinance their existing loans but total liabilities are going up, not down.

Re: Tesla raises $1.8B

#7
The "junk bond" rating and high debt load makes me a little nervous, but maybe that's irrelevant and this is just them raising money as an accelerant because they can get it at a good price?
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