Tesla to Sell $1.5 Billion in Debt Amid Launch of Model 3 - News Summed Up

Tesla to Sell $1.5 Billion in Debt Amid Launch of Model 3


Tesla Inc. will sell $1.5 billion in senior notes, the electric-car maker announced Monday, a week after Chief Executive Elon Musk said the company faces “manufacturing hell” as it prepares to ramp up production on its first automobile for mainstream customers, the Model 3. The offering comes after Mr. Musk told analysts last week on a conference call that the company was considering tapping the debt market in its efforts to...


Source: Wall Street Journal August 07, 2017 10:52 UTC



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