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6.12. https://www.bloomberg.com/news/articles/2018-12-06/tesla-is-… => • Electric-car maker may settle half of $920 million with cash • Stock price still volatile with maturity looming months away ...Tesla Inc. has notified holders of bonds due in March that if they elect to convert the debt, they’ll be paid with a 50-50 mix of cash and stock, according to a copy of the settlement notice seen by Bloomberg News. The notice, dated Nov. 30, relates to the $920 million convertible bond due at the beginning of March. The equity-conversion price is $359.88 per share, a level Tesla’s stock closed above on Thursday for the first time since Aug. 8. The decision to use both cash and equity to pay off the debt may be a show of confidence by the Elon Musk-led company that it’s going to be sustainably profitable going forward. The electric-car maker reported $881 million in positive free cash flow for the third quarter, a major turnabout following the costly and tumultuous period in which it was starting Model 3 sedan production. “This would be a clear sign that, if there was a meaningful amount paid in cash, then they feel they can consistently produce cash flow and profit,” BI’s Joel Levington said in an interview. “Maybe there’s some credence to what consensus is throwing out and what they said on the last earnings call.” Tesla didn’t immediately respond to a request for comment.... |
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| aus der Diskussion: | ROUNDUP/'WSJ': FBI ermittelt wegen Falschangaben zu Model 3 gegen Tesla |
| Autor (Datum des Eintrages): | faultcode (08.12.18 00:09:33) |
| Beitrag: | 75 von 10,213 (ID:59393612) |
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