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Why Tesla Probably Won’t Allow SolarCity’s November Notes To Default

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Michelle deBoer-Jones
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Tesla's cash flow problems have been well-known for years, but despite that, the company's stock and even debt have been in popular demand, although both are declining this year. Eyes are now on the Convertible Senior Notes issued by its subsidiary SolarCity before its acquisition. The notes are due this year, and some are speculating that Tesla will default on them. However, some experts are not convinced of that—even though Tesla may not be under obligation to pay the notes.

Q1 hedge fund letters, conference, scoops etc

Tesla
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Convertible Senior Notes coming due

Tesla's outstanding debt on the Convertible Senior...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.