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Meet Tesla's new bondholder: Billionaire George Soros
Reuters ^
| May 16, 2018
| by Trevor Hunnicutt
Posted on 05/16/2018 8:21:06 AM PDT by Oldeconomybuyer
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Looks like I need to sell my house in Reno sooner rather than later.
2
posted on
05/16/2018 8:22:57 AM PDT
by
dsrtsage
(For Leftists, World History starts every day at breakfast)
To: Oldeconomybuyer
When will Soros order Governments to order citizens to buy one ,LOL
To: Oldeconomybuyer
Not just bonds...but CONVERTIBLE bonds. Soros is evil but hes not stupid.
4
posted on
05/16/2018 8:24:47 AM PDT
by
House Atreides
(BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
To: Oldeconomybuyer
Soros Fund Management LLC took a $35 million stake in the convertible bonds of Tesla...According to current news reports, that $35 million investment will last approximately 90 days at Tesla's cash burn rate.
5
posted on
05/16/2018 8:27:38 AM PDT
by
Obadiah
To: Obadiah
According to current news reports, that $35 million investment will last approximately 90 days at Tesla's cash burn rate.Sorry, my bad. At Tesla's current cash burn rate that $35 million investment will only last about 45 days.
6
posted on
05/16/2018 8:29:50 AM PDT
by
Obadiah
To: Oldeconomybuyer
Two anti-Americans joining forces.
7
posted on
05/16/2018 8:32:18 AM PDT
by
deadrock
To: Obadiah
Indeed they are losing $6,000 a minute he must have other plans?.
8
posted on
05/16/2018 8:33:33 AM PDT
by
Vaduz
(women and children to be impacIQ of chimpsted the most.)
To: Oldeconomybuyer
article unclear whether this was a new issue or an old issue purchased on the open market ... if old,then purchased just to prop up tesla’s bonds, if new, then represents new cash to tesla ... i suspect the bonds were old ones purchased on the open market ...
9
posted on
05/16/2018 8:34:09 AM PDT
by
catnipman
((Cat Nipman: Vote Republican in 2012 and only be called racist one more time!))
To: Vaduz
Not to quibble with you, but according to the April 30, 2018 edition of Bloomberg, they are burning through $7,430 of cash per minute.
10
posted on
05/16/2018 8:35:50 AM PDT
by
Obadiah
To: Red Badger
11
posted on
05/16/2018 8:38:33 AM PDT
by
Army Air Corps
(Four Fried Chickens and a Coke)
To: Oldeconomybuyer
LOL.
Sorry. Musk is a snake oil salesmen.
Soros is a snake.
Watching both blow up is going to be enjoyable. Tesla is burning cash like a dumpster fire in a gunpowder plant. Soros has a lot cash to burn.
12
posted on
05/16/2018 8:38:50 AM PDT
by
redgolum
To: Oldeconomybuyer
Whoop-dee-doo. $35 million will get you a handful of Roadsters. This is NOT a major purchase, certainly not something that Soros can use to have a say in Musk’s affairs.
13
posted on
05/16/2018 8:48:31 AM PDT
by
dangus
To: deadrock
Unlike most of us who were born here, Musk chose to come here, become a US citizen, and start multiple American companies that employ thousands of Americans, many of them military veterans. SpaceX has returned the US into being the dominant space faring nation.
14
posted on
05/16/2018 8:48:50 AM PDT
by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: Obadiah
You can call it cash burning if you want, but the money is being invested in growing production capacity.
15
posted on
05/16/2018 8:50:18 AM PDT
by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: Oldeconomybuyer
Must be expecting a new infusion of taxpayer money.
16
posted on
05/16/2018 8:51:16 AM PDT
by
dljordan
(WhoVoltaire: "To find out who rules over you, simply find out who you are not allowed to criticize.")
To: Obadiah
I stand corrected good job.
17
posted on
05/16/2018 8:54:58 AM PDT
by
Vaduz
(women and children to be impacIQ of chimpsted the most.)
To: Oldeconomybuyer
I hope he gets treated like Obama treated GM bondholders.
To: Army Air Corps
He must need a tax deduction...............
19
posted on
05/16/2018 8:56:49 AM PDT
by
Red Badger
(Remember all the great work Obama did for the black community?.............. Me neither.)
To: Oldeconomybuyer
Tesla lost 700 million in just three months prompting a Musk melt down on the Quarterly Conference call a couple weeks back. I’m not sure Soros stake amounts to much in the big picture.
20
posted on
05/16/2018 8:57:16 AM PDT
by
DAC21
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