Thread: Tesla Model 3
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Old 01-20-2019, 04:50 PM   #872 (permalink)
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From RedDevil's link:

The bonds have a conversion price of $359.88 per share. If Tesla’s share price is below that amount by the due date of March 1, 2019, the notes must be paid by the company in cash to the holders. If the stock price is above, notes are generally converted into equity shares.
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