
“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:
Hollande warns on euro strength, denounces markets for currencies
Mitt Romney Says He Could Wage War on Iran Without Congress' Approval
'Copblock' wiretap case goes to court in Manchester
Exonerations On The Rise, And Not Just Because Of DNA
Human rights court blocks extradition of U.K.-based terror suspect to U.S.
A Surge in Value for Bitcoin and Currencies Similar to It
Pat Buchanan: Putin 'Made A Better Case' Than Obama On Syria
Edward Snowden's Leaks Will Not Lead to Change: Intelligence Experts
Muslim Brotherhood may go back underground to survive Egyptian military crackdown
OKC hospital posting surgery prices online, creating bidding war
Woman sues Japan’s biggest yakuza boss, seeking refund of ‘protection money'
Syria rebels fracturing as the Free Syrian Army condemns jihadists
Fed Could End Up Paying Banks $77 Billion Annually on Excess Reserves
Navy Yard: SWAT team ordered to 'stand down' during mass shooting
Michelle Obama: America ready for female president