“As Tesla Motors, a maker of electric cars, burns through cash and misses production targets, it is turning to investors and taxpayers for extra financial help. On Tuesday, Tesla announced plans to sell five million shares to raise cash. The federal government agreed earlier to waive some conditions of a $465 million loan, easing pressure on the company over the next couple of quarters. The moves raised questions about the long-term viability of the company.”
Related posts:
Russia writes off 90% of Cuba's debt ahead of Putin L. America tour
Wikileaks release of TPP deal text stokes 'freedom of expression' fears
Alaskan town home to airport with no planes and harbor with no road
Beijing spends a billion to get China’s music industry rocking
Good Genes?
Bitcoin exchange to open shop in Cyprus
FBI: Driverless cars good for surveillance but could be deadly weapons
U.S. officers in Israel for military exercise
Who's minding the nukes?
Spanish bank deposits turn into a waking Iberian nightmare
At least six tanks leaking at military nuclear waste dump in Washington state
Swiss government unveils new plan to end US tax dispute, bypassing parliament
Bitcoin Fever Catches on in India
8th Grader Arrested, Suspended for NRA ‘Protect Your Right’ T-Shirt With Image of Gun
Holocaust survivor and US tax fugitive Marc Rich dies at 78 in Switzerland