• Tesla is reportedly planning to pay off its next chunk of convertible debt in an odd way

    5 days ago - By Chron

    Reuters / Kyle Grillot
    Tesla will pay holders of its convertible notes due in March with a mix of cash and equity, Bloomberg reported Thursday.
    The unusual move could be a signal that the company believes it can continue to sustain the profits it turned in the third quarter.
    Tesla has $920 million worth of debt coming due in March, and it's reportedly chosen to pay holders of the convertible notes in an unusual fashion.
    Bloomberg News' Dana Hull and Molly Smith reported Thursday that the company informed holders of the notes last week that, if they elect to convert the notes, they will be...
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  • Tesla plans to use stock-cash mix to pay off March debt: Bloomberg

    5 days ago - By Reuters

    Tesla Inc will pay a 50-50 mix of stock and cash to holders of its bonds due in March, if they elect to convert the debt, Bloomberg reported on Thursday, citing a copy of the settlement notice.
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  • Tesla is reportedly planning to pay off its next chunk of convertible debt in an odd way

    Tesla is reportedly planning to pay off its next chunk of convertible debt in an odd way

    5 days ago - By Business Insider

    Tesla will pay holders of its convertible notes due in March with a mix of cash and equity, Bloomberg reported Thursday.
    The unusual move could be a signal that the company believes it can continue to sustain the profits it turned in the third quarter.
    Tesla has $920 million worth of debt coming due in March, and it's reportedly chosen to pay holders of the convertible notes in an unusual fashion.
    Bloomberg News' Dana Hull and Molly Smith reported Thursday that the company informed holders of the notes last week that, if they elect to convert the notes, they will be paid in a 50-50 mix of...
    Read more ...