Tesla Just Did Exactly What Elon Musk Telegraphed It Would Do

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.

Continue reading

Source: Fool.com