Red lights are flashing on Wall Street about Tesla's ability to pay back a pile of debt. Tesla's (TSLA) turbulent stock price — and even more volatile CEO — steal the headlines. More than $9 billion of Tesla's debt is scheduled to mature before 2025, including a total of $2.7 billion this year and next, according to a Goldman Sachs research report that called the company's balance sheet "concerning." Despite rebounding 6% on Monday, Tesla's share price has plunged 29% from the peak of $389.61 on the day Musk tweeted the go-private plan. Musk has also shot down speculation that Tesla will need to raise cash by selling more stock.
Source: CNN September 10, 2018 17:15 UTC