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Tesla is taking out $1.5 billion in debt to fuel its dreams of massive growth

The next part of Tesla’s future will be fueled by debt.  Elon Musk’s automaker is issuing $1.5 billion in debt to fund its plans. That means that instead of raising funding from investors, the company will offer $1.5 billion of debt a a form of capital.  It’s a new move for Tesla, which has always sold off pieces of the company to fund its operations.  Tesla will use this $1.5 billion to strengthen its balance…

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Source – Mashable:
Tesla is taking out .5 billion in debt to fuel its dreams of massive growth

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