Musk Has 143 Days Before Creditors Start Demanding Money
US · Tesla: Total debt is $ 11.5 billion (approximately 1.2 trillion billion yen) equivalent – 1.5 billion dollars within 13 months Repayment due date
Tesla total of $ 11.5 billion (about 1.2 trillion yen) of debt, more than $ 1.5 billion will be expired within 13 months.
Convertible bonds (CB) equivalent to $ 920 million in maturity on March 1 next year will be the first virtually important payment.
The conversion price of CB is set at 360 dollars, but Tesla’s current stock price is only 257 dollars, and the company needs to respond to redemption.
Bloomberg