Tesla proposes $1.5bn bond issue to fund Model 3 drive

BusinessGreen staff
clock • 2 min read

Electric vehicle giant plans first ever junk bond issue as it looks to pull in additional cash to support Model 3 roll out

Tesla yesterday announced plans to offer $1.5bn of senior notes as it seeks to strengthen its balance sheet during the scaling up of its Model 3 electric car. The company said interest rates, redemption...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

SDCL's Jonathan Maxwell: 'The skills we need are mostly not green at all'

SDCL's Jonathan Maxwell: 'The skills we need are mostly not green at all'

Jonathan Maxwell explains why permission, not capital, is the 'constraint that bites', and why the industries making the fastest progress are the ones with the biggest energy bills

Stuart Stone
clock 13 October 2026 • 9 min read
'Deeply worrying': Banks accused of 'slowing down' their pursuit of net zero

'Deeply worrying': Banks accused of 'slowing down' their pursuit of net zero

Study warns banks are withdrawing or weakening net zero commitments and climate-related policies

Stuart Stone
clock 13 October 2026 • 4 min read
Survey: Three quarters of Brits believe businesses have a responsibility to fund environmental action

Survey: Three quarters of Brits believe businesses have a responsibility to fund environmental action

Majority of UK adults believe firms must put money where their mouth is amid growing scepticism around green promises

Stuart Stone
clock 13 October 2026 • 3 min read