Quote:
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Friday marks the deadline for electric automaker Tesla Opens a New Window. to deliver a $920 million bond payment Opens a New Window. , which will likely dent the company’s cash flow. The payment, which is the company’s largest to date, stands to wipe out nearly 25 percent of the company’s cash.
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https://www.foxbusiness.com/markets/tesla-to-shell-out-cash-for-record-920m-bond-payment
In other news:
-They are gradually shutting down all brick and mortar dealers and are pushing toward online ordering only.
-The $35k base Model 3 is "unveiled". I don't see the word "available" so what does that mean?
-Elon in trouble with the SEC yet again (what a surprise).
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Joe
See Porsche run. Run, Porsche, Run:
`87 911 Carrera