Musk Revs Up Tesla Bond Buyers by Selling Them Debt With a Dream
Tesla Inc.’s Elon Musk is selling his dream. Bond investors seem to be closing their eyes and buying it. Musk brought his charm offensive to the debt market at a meeting for bond buyers in Manhattan on Monday and came away with orders for $600 million after just a few hours, according to investors briefed on the matter. The session was part of a four-day debt-marketing extravaganza aimed at raising $1.5 billion to support the electric carmaker’s new mass-market Model 3. Read more →