1. Tesla Model 3 apparel now available!


    Dismiss Notice

From Electrek: Tesla (TSLA) increases its credit line by up to $800 million just ahead of...

Discussion in 'News from Electrek.co' started by RSSFeed, Jun 23, 2017.

Thread Status:
Not open for further replies.
More threads by RSSFeed
  1. RSSFeed

    M3OC RSS Bot
    Expand Collapse

    Joined:
    Sep 28, 2016
    Messages:
    2,666
    Likes Received:
    192
    Trophy Points:
    63
    Tesla (TSLA) increases its credit line by up to $800 million just ahead of Model 3 launch

    [​IMG]

    After market close today, Tesla announced that it increased its asset-backed line by $625 million with an option to obtain up to $175 million of additional incremental commitments.

    The move comes has Tesla’s cash needs are increasing ahead of the several expansions needed to launch Model 3 production and support its growing fleet. more…

    [​IMG][​IMG]

    Continue reading...
     
Thread Status:
Not open for further replies.

Share This Page

Model 3 Owners Club © 2017. All rights reserved.
Model 3 Owners Club (M3OC) is an enthusiast club and is not affiliated with Tesla Motors or the Tesla Motors Club Forum (TMC).
All Tesla logos are trademarks or registered trademarks of Tesla Motors.