Source: Tesla Motors
quote: why would Telsa want to payoff a loan with an interest rate of 1.6%?
quote: A quick google search reveals the Ford and Nissan interest rate is 5%
quote: Other then the fact the industry was willing to give Tesla a loan at 1.5%?
quote: That's not what happened.
quote: However, 1.6% is VERY cheap money, and doing an offering to because the company is likely to default on the loan is remarkable
quote: As for Telsa making money... according to Dec 2013 filing,EBITDA is negative 38.5 million. It's hard to invest negative profits. Considering the recent talk of plant investment, one can conclude more outside cash will be needed at some point....or maybe the DOE can give them another loan!