March 31, 202511:21:38 PM

Tesla ends 'Spartan diet' and seeks $2.3 billion to fund expansion

Tesla ends 'Spartan diet' and seeks $2.3 billion to fund expansionTesla's plan to issue shares and convertible debt comes after the company repeatedly pushed back forecasts for turning a profit. Many analysts had calculated that Tesla - which burned through $1.5 billion in the first quarter - would not be able to carry out its growth plans without new cash. Shares of Tesla rose 4.3 percent to close at $244.10, while the yield on Tesla's existing $1.8 billion junk bond fell to its lowest level in over a month.




from Yahoo News - Latest News & Headlines https://yhoo.it/2vIwghf
via Yahoo News

Post a Comment

Post a Comment

Emoticon
:) :)) ;(( :-) =)) ;( ;-( :d :-d @-) :p :o :>) (o) [-( :-? (p) :-s (m) 8-) :-t :-b b-( :-# =p~ $-) (b) (f) x-) (k) (h) (c) cheer
Click to see the code!
To insert emoticon you must added at least one space before the code.

Author Name

Contact Form

Name

Email *

Message *

Powered by Blogger.