TSLA

in #investments6 years ago

Tesla has $230 million in convertible debt coming due next month, followed by another $920 million in March. Barring a massive rally in Tesla's share price in the meantime, this debt must be paid back in full.

Shares closed at a new 52-week low near $250 today. They've now fallen more than 30% since Musk's "going private" tweet two months ago today. image