Tesla seeks $1.5 billion junk bond issue to fund Model 3 production
Tesla recently announced it would raise $1.5 billion through its first-ever offering of junk bonds to ramp up production of its new Model 3 sedan. Source: Reuters DETROIT (Reuters) – Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever offering of junk bonds as the U.S. luxury electric car maker…