Sunday, January 17, 2021

Tesla Deposits 100 Million Euro Bond!

 Done.

At some point on Friday evening, Tesla deposited this 100-million Euro bond deal....so they are clear to proceed on the factory construction....unless some issue occurs and a judge jumps into this.

I should note here....there's a second plant to be built (the world's largest battery plant), and that plan or concept has yet to be put on the table.  Another bond for it?  No one really talks about that issue.  I would imagine it'll occur as well.

The money to be returned at the completion of the project?  That's the way that everything is drafted.  It would only be revoked if the state decided that the factory had to be torn down.  


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