After missing expectations for Model 3 deliveries (by 50%), delaying production goals once again, it appears the bond market is starting to give up on Elon Musk’s dreams for Tesla’s future.
While stocks are rebounding, bonds are not…
In fact, Tesla’s 2025 bond – now dramatically below par – suffered its biggest drop yet today, heading back to lows on price…
And for those who see Tesla’s juicy 6.13% yield and feel like “reaching” for it… may we suggest Indonesia instead…
How long before Musk starts to discuss “Blockchain” implementations in Tesla’s product plan?
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