Tesla needs stock rally to avoid $920 million cash payout
The clock is now ticking for Elon Musk to avoid a $920 million cash payment coming due for Tesla. That’s the amount of debt coming due March 1 from convertible bonds issued back in 2014.
The clock is now ticking for Elon Musk to avoid a $920 million cash payment coming due for Tesla. That’s the amount of debt coming due March 1 from convertible bonds issued back in 2014.