The Weird Way Tesla's Paying Off A Big Chunk Of Debt
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Wochit Business
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The Weird Way Tesla's Paying Off A Big Chunk Of Debt
Wochit Business
Tesla is going to pay holders of its convertible notes with a mix of cash and equity.
According to Business Insider, Tesla has $920 million worth of debt coming due in March.
After several dismal quarters, Tesla turned a corner in the third quarter of 2018.
Paying in such a manner may signal CEO Elon Musk's belief the company can continue to turn a profit.
