Why Tesla Probably Won’t Allow SolarCity’s November Notes To DefaultMichelle Jones
Tesla's cash flow problems have been well-known for years, but despite that, the company's stock and even debt have been in popular demand, although both are declining this year. Eyes are now on the Convertible Senior Notes issued by its subsidiary SolarCity before its acquisition. The notes are due this year, and some are speculating that Tesla will default on them. However, some experts are not convinced of that—even though Tesla may not be under obligation to . . .
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