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Tesla's Looming Debt-Needs Remain

2018-08-29 28 Dailymotion


Reuters reports Elon Musk’s take-private plans for Tesla Inc have evaporated, but the company’s looming debt needs remain. With a debt load of about $10.5 billion and the possibility of an impending cash shortfall, Wall Street expects the luxury electric carmaker may need to raise funds before long.