Tesla paid the largest bond debt in history

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Tesla, the American manufacturer of electric cars, paid $920 million in convertible bonds to investors on the first day of spring, The Wall Street Journal writes, citing a company representative. Taking into account the data published at the end of 2018 that Tesla's financial reserves amounted to about $3,700 million, the magazine concludes that the payment to investors made up about a quarter of the company's financial resources and became the largest in its history. As previously reported, to reduce costs, the company closes its stores and switches to online car sales. The head of Tesla Elon Musk announced the official presentation of the Model Y crossover with an electric motor scheduled for March 14. It is expected that the representatives of the company will start accepting pre-orders for this electric car immediately after the presentation.

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