Tesla Just Did Exactly What Elon Musk Telegraphed It Would Do
In this Market Foolery segment, host Chris Hill, Million Dollar Portfolio's Jason Moser, and Stock Advisor Canada's Taylor Muckerman discuss the utterly unsurprising news that Tesla (NASDAQ: TSLA) is issuing $1.5 billion in debt to finance its rapidly expanding operations. Founder and CEO Elon Musk didn't want to dilute the equity of current shareholders, but given the interest rate he may be paying on some of these corporate bonds, dilution may become the lesser of two evils. So how should investors view the stock?
A full transcript follows the podcast.
Source: Fool.com
Tesla Inc Stock
€171.78
-4.890%
Currently there is a rather positive sentiment for Tesla Inc with 56 Buy predictions and 27 Sell predictions.
As a result the target price of 242 € shows a positive potential of 40.88% compared to the current price of 171.78 € for Tesla Inc.
