5.9 C
New York
Friday, March 29, 2024

Tesla Bonds Tumble – Now ‘Riskier’ Than Indonesia

Tesla Bonds Tumble – Now ‘Riskier’ Than Indonesia

Courtesy of Zero Hedge

After missing expectations for Model 3 deliveries (by 50%), delaying production goals once again, it appears the bond market is starting to give up on Elon Musk’s dreams for Tesla’s future.

While stocks are rebounding, bonds are not…

In fact, Tesla’s 2025 bond – now dramatically below par - suffered its biggest drop yet today, heading back to lows on price…

And for those who see Tesla’s juicy 6.13% yield and feel like “reaching” for it… may we suggest Indonesia instead…

How long before Musk starts to discuss “Blockchain” implementations in Tesla’s product plan?

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,450FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x