Tesla's Musk says will not have to raise funds in fourth quarter

Tesla's Musk says will not have to raise funds in fourth quarter
 

Tesla Motors Inc Chief Executive Elon Musk on Sunday said the company would not need to raise equity or corporate debt in the fourth quarter for its planned acquisition of SolarCity Corp (SCTY.O), contradicting a filing the company made with regulators last week.
Asked on Twitter whether the company would raise funds in first quarter of 2017, Musk tweeted, "Probably not then either."
A spokeswoman said the company would not comment beyond Musk's tweets.
In a filing with the Securities and Exchange Commission on Friday, Tesla said it "is currently planning to raise additional... read more

 
10 October 2016 in Business, Views: 49
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31