Tesla to Raise $1.5B in Debt to Finance Model 3 Rollout, Gigafactory Expansion

Greentech Media
By info@greentechmedia.comAug 7, 2017, 5:06 pm102 pts
Tesla is turning to the junk bond market to help meet its hefty expansion goals. On Monday, the company announced that it’s planning to raise $1.5 billion in its first-ever debt offering to fund production of the Model 3 EV sedan and its Nevada battery Gigafactory. Tesla’s $1.5 billion offering of unsecured…

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