Investors are demanding a record risk premium for holding Tesla Inc's $1.8 ...
FILE PHOTO: The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu/File Photo
- Investors are demanding a record risk premium for holding Tesla Inc’s $1.8 billion junk bond after the electric car maker posted a $700 million first-quarter loss and signaled it may be in the market for more capital soon. The price on Tesla’s 5.3% note due August 2025 slipped, nudging its yield to the highest in about six months at 8.51% in European trading.
Its spread, the measure of the premium in yield investors demand for the added risk of holding a bond from Tesla - rated six notches below investment grade by Standard & Poor’s and Moody’s - rather than a safer U.S. Treasury security, widened by 3 basis points to a record 618 basis points. By comparison, the spread on an average high-yield bond is 373 basis points, according to ICE BAML Index data, and for comparably rated “B-“ issuers it is 402 basis points.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Tesla shows off self-driving technology to investorsTesla Inc broadcast a web presentation on Monday to update investors about its s...
Weiterlesen »
SoftBank to invest $1 billion for a 6% stake in payments firm WirecardSoftBank will invest 900 million euros into German fintech firm Wirecard, as part of a strategic partnership on digital payments.
Weiterlesen »
SoftBank to Invest $1 Billion in Payments Firm WirecardJapan’s SoftBank Group plans to invest about $1 billion in Wirecard, forging a partnership that allows SoftBank to take a minority stake in the German payments company.
Weiterlesen »
Tesla investors await updates from Elon Musk on service, the Shanghai factory and Model 3 marginsTesla investors await updates on service improvements, the Shanghai Gigafactory and Model 3 margins.
Weiterlesen »
Tesla braces investors for another quarter in the redTesla braces investors for another quarter in the red
Weiterlesen »
Tesla Promises Incredible Numbers For 'Tesla Network' Robotaxi ServiceTesla asserts owners can make up to $30,000 per year in profit from hiring out their cars in the Tesla ride-hail network, which would compete with Uber at half the price. Elon Musk says you would be crazy to buy any other car -- what do the numbers say?
Weiterlesen »
Elon Musk claims Tesla will have 1 million robotaxis driving next year — that's optimisticThe Tesla CEO warned investors, 'Sometimes I am not on time, but I get it done.'
Weiterlesen »
Tesla promises return to profit after first-half lossesElon Musk says on Tesla's earnings conference call, 'I would prefer we were private, but that ship has sailed.' More:
Weiterlesen »
Tesla's Musk 'sees merit' in capital raise, vows profit in third quarter after large lossTesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could...
Weiterlesen »
Factbox: Elon Musk on Tesla's self-driving capabilitiesTesla Inc will focus on its autonomous driving system when it hosts its investor...
Weiterlesen »
Tesla says robotaxis coming to U.S. roads next year, slams rivals' use of LidarElon Musk said Tesla robotaxis with no human drivers would be available in some markets next year
Weiterlesen »