The Tesla bonds in question have a coupon of 5.3% and were sold into one of the lowest interest rate environments in history. They currently have an 8.5% yield. Rolling debt over on those terms is not fun.
8 karma · joined October 25, 2018
The Tesla bonds in question have a coupon of 5.3% and were sold into one of the lowest interest rate environments in history. They currently have an 8.5% yield. Rolling debt over on those terms is not fun.
Where I live we have 2 Nissan dealers and zero Supercharging stations.
Laughable, isn't it? Once second of Google would prove it wrong. People literally don't care about reality when it comes to this company. Some PR site says it, and it becomes "fact". The list of things people claim Tesla has done/can do that has no basis in reality is long and growing longer.
This is the "everything is Silicon Valley" view of the world.
Another hilarious one is: "why doesn't everyone just bike to work?"
So people believe that Tesla is going to upend the entire auto industry, but can't believe that some company will figure out how to build nice charging stations?
So many contradictions in the arguments here. Yes, the Supercharger network was, basically, necessary for Tesla to reach a critical acceptance level. But operating and maintaining those stations is not free.
The idea that the major fuelling stations won't start adding fast chargers is incredibly naive. They already have the infrastructure and real estate. It's a no-brainer. If/when EV demand reaches those levels, it will happen.