The Credit Writedowns Newsletter

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Melting Up?

pro.creditwritedowns.com

Melting Up?

Edward Harrison
May 2, 2019
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Melting Up?

pro.creditwritedowns.com

Tesla

On Thursday, I wrote that "Tesla has been forced to pony up for those converts. They now have $2.2 billion, $1.5 billion less than at the end of the last quarter. I think the need for more capital is a question of when, not if. But if Tesla is successful in raising money well before the next convertible is due, then it is a good signpost regarding …

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