Tesla needs over $1 billion in cash over the next 6 months, and Wall Street is going nuts figuring out where it’s going to come from (TSLA)
|10/13/2018||Posted by BusinessMediaguide.Com under General World News||
- Tesla has around $1 billion in debt coming due over the next six months, and right now it doesn’t have the cash to cover it and keep its business running.
- Analysts say Tesla should raise the cash by returning to public markets, but CEO Elon Musk has repeatedly said that is not an option.
- So where’s it going to come from? Optimists say Tesla could survive another close call using energy credits and some more financial engineering. Or it could turn a profit in Q4.
- I probably don’t need to tell you what the pessimists are saying.
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