Tesla (TSLA) secures $ 780 million in bonds at cheaper levels than initially expected – Electrek.co

Tesla (TSLA) secures $ 780 million in bonds at cheaper levels than initially expected – Electrek.co

Tesla (TSLA) managed to secure $ 780 million in bonds against its auto leases and secured lower levels than initially expected, thanks to strong investor demand.

Even though Tesla ended the last quarter with a record cash flow of $ 8.5 billion, the automaker is still looking for cheap ways to improve its financial situation.

Borrowing through bonds against its car leases is a good way to do it,…

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