Musk Confirms Tesla Model 3 Has 50 kWh And 75 kWh Batteries

Tesla seeks $1.5 bn junk bond issue to fund Model 3 production

Tesla seeks $1.5 bn junk bond issue to fund Model 3 production

(A short sale is a bearish bet where a trader expects the shares of the company to fall.) In fact, Tesla's short position stands about $2.4 billion more than AT&T Inc., the second most shorted stock. It's betting itself on the Model 3 moonshot, but de-risking the bet by taking out an insurance policy in the form of a $1.5 billion debt offering.

As Elon Musk's sells debt to bankroll Tesla Inc.'s (TSLA) launch of the mass-market Model 3 electric vehicle, he's reportedly asking for a sweetheart deal. It's the world's biggest battery factory and central to Tesla's plans for mass production of its new Model 3 electric auto. The company can fund the almost $2 billion manufacturing investment out of its $3 billion cash balance.

We'll get a better sense of Tesla's self-driving capabilities at the end of the year when the company will demonstrate a coast-to-coast autonomous journey.

It will also significantly increase the company's long-term debt through 2025, but as Musk discussed this week, the Model 3 program alone could generate ~$30 billion in revenue by that time with a demand for over 700,000 units per year.

Tesla and Musk seem to be the center of controversy these days.

NBC to Resurrect "The Munsters"
Kargman was the one to come up with the new idea, and she later teamed up with Meyers and NBC . Herman was married to Grandpa's daughter Lily, played by Yvonne De Carlo.

"This reminds me of something similar he once said to me, many years ago, after I came back from a week's visit with my family in Canada - that his life had operated quite smoothly in my absence".

But short sellers weren't the only ones with a dour opinion of Tesla.

The California automaker has its hands full launching the Model 3, a long anticipated compact electric vehicle that Tesla is expected to retail for around $35,000.

Tesla had issued four convertible bonds to date - the company now has US$3.3bn outstanding - but it has never before accessed the public unsecured bond market. The Model 3 is supposed to drive economies of scale by scaling to far higher volumes, and Tesla has said it's adding 1,800 reservations a day for the vehicle.

Details elsewhere are scant, but we understand the Model Y will ditch the complex and expensive "Falcon" doors fitted to the £80,000 Model X SUV and should be closer in price and size to the Model 3 saloon.

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