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Tesla's Looming Debt-Needs Remain

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Tesla's Looming Debt-Needs Remain

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Entertainment (now)

28 Views • Aug 29, 2018

Description


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.