Tesla faces a lack of cash while a $ 566 million debt is imminent



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ETesla, lon Musk's auto competitor, is facing growing financial pressure and may need to raise new funds as debt repayments are looming, according to badysis of its dwindling reserves.

The Californian builder last week released one of its most disappointing financial updates years after buying close to $ 1 billion in bonds.

The pressure on its $ 10 billion debt pile is expected to increase over the next few months, starting with a $ 566 million repayment due in November.

The so-called convertible notes could be paid in shares if the shares of Tesla approached $ 760.

This week-end, Tesla's stock was below $ 250, nearly a two-year low, after the automaker revealed that it had lost $ 702 million over the past two years. of the first three …

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