Tesla recently made the news again due to its halting a more than $1 billion offering of bonds that were backed by leases on its EVs.
of $3.5 billion generated over the past year, the company really isn’t hurting for cash at all. Tesla’s entirely capable of self-financing.story here really isn’t the obvious headline: ‘Tesla had to suspend its bond offering.’ Maybe thestory is that Tesla’s balance sheet is so rock solid that it didn’t need to issue bonds in the first place — and that’s the good news that is driving Tesla stock higher.
who actually care about the company and invested in it for the long run know this, and perhaps this is why Tesla keeps doing better than expected despite the so-called “bad news.”
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