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Home invest in investing living frugal what to invest in Tesla ($TSLA) has around $1 billion in debt coming due over the next six months and right now it doesn't have the cash

Tesla ($TSLA) has around $1 billion in debt coming due over the next six months and right now it doesn't have the cash

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Source: https://www.businessinsider.com/wall-street-wonders-how-tesla-will-pay-off-over-1b-in-debt-coming-due-2018-10

Money is tight and Tesla has some bills coming due:

In November the company needs to shell out $230 million for a convertible bond payment. And by the end of the year, it needs to have an additional $920 million in the bank to pay a loan due in March. It also has a small $157 million non-recourse loan due in December.



Submitted October 13, 2018 at 11:38AM by goodDayM https://ift.tt/2ROgICt
invest ininvestingliving frugalwhat to invest in
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