- For abonnenter
Tesla has just 4 weeks to rally 21% or pay $920 million on bonds
The clock is now ticking for Elon Musk to avoid a $920 million bill for Tesla Inc.
That's the amount of debt coming due March 1 from convertible bonds issued back in 2014. Tesla can dodge the payout by exchanging the note for a mix of cash and stock - but only if the shares jump about 21 percent from their current level, based