Tesla plans to use stock-cash mix to pay off March debt: Bloomberg

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Tesla Inc will pay a 50-50 mix of stock and cash to holders of its bonds due in ...

 

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This is what corporations do with tax cuts. They buy back stock to increase share price of their stock to help their investors make more money. Or they create some kind of stock- cash debt payoff. What they don’t do with tax cuts is increase wages of their workers. Trump lied

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Tesla is reportedly planning to pay off its next chunk of convertible debt in an odd wayTesla has $920 million of convertible notes due in March. The company informed holders last week that they could receive a 50-50 mix of cash and equity for the notes. More frowns....
Source: BusinessInsider - 🏆 729. / 51 Read more »