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Sale aim in bonds by Tesla is $1.5B

Sale aim in bonds by Tesla is $1.5B

Elon Musk is offering up Tesla's Gigafactory as collateral for lenders willing to sink $1.5 billion into the financially strapped automaker, but some would-be buyers appear hesitant to take the deal. We estimate the debt offering, if priced at 5% (range is 5% to 6%), would be 2.5 times cheaper than equity. Things are going well right now, and raising the money will be much easier than it would be in the future if Tesla (tsla) faced unexpected issues. They were asked about the status of their relationship at the time, but said nothing with Musk telling reporters about his love of Nutella-filled pastries instead.

Levy noted that investors are expecting profitability from Tesla's more affordable Model 3.

Tesla already has about 500,000 pre-orders for the Model 3.

Tesla has revealed little about the Model Y. The company says it will arrive in 2019 or 2020, although the date is apparently not firm.

Wenger provides update on Sanchez situation
Arsenal have signed two players so far this summer as they prepare to try and challenge for the Premier League title this season. The former Barcelona forward sat out Arsenal's season-opening 4-3 win over Leicester City on Friday due to an abdominal strain.

For example, at $150 per kWh, the Model 3 battery packs would cost between $7,500 and $11,250 per vehicle.

Demand is no problem for Tesla, with nearly half a million current reservations, according to Musk.

The stock is up more than 1 000% in five years.

The 31-year-old actress and Musk recently broke up, and they have now spoken out together to comment on their situation, admitting having a long-distance romance has been "tough" for them both. Elon Musk during some subsequent occasion uttered comparative remarks in front of an audience.

Southampton's scoring woes continue in 0-0 draw vs Swansea
Naturally, Pellegrino isn't fully satisfied with the performance, as he relayed to the Southampton media team . Pellegrino's comments came after his Southampton tenure kicked off with a stalemate against Swansea.

In a series of tweets Thursday night, Musk contested this version of events, calling this one "of all the bogus anecdotes" in the book, the one that "troubles" him the most.

Tesla is counting on the Model 3, its least pricey auto, to become a profitable, high-volume manufacturer of electric cars.

That has been a key issue for Tesla, which has a growing number of products coming out of a single factory. Model 3 production would not scale, sales targets would be missed, and the company would likely run out of cash. Now, with the Model Y, it's doing it again.

"There will be nothing close to it", he hinted, although providing no details.

LG V30 to sport the world's clearest lens on a phone camera
The V30 Plus is expected to have 128GB of storage on deck, whereas the regular V30 will have "merely" 64GB of the stuff inside. However, this is the first time that LG will launch the base version of a smartphone and its Plus variant at the same time.

Mark Holman, the chief executive officer of London-based TwentyFour Asset Management, told reporters that he does not have a lot of confidence that Tesla will be able to throttle larger companies such as Volkswagen and GM.

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