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Tesla says it has ‘sufficient cash’ to pay for its biggest debt payment ever that’s due in a month

The company's $920 million worth of bonds set to come due on March 1 will be the company's largest debt payment ever.

Tesla hits a one-month high after reaching a ‘critical inflection point’

The stock has surged by more than 13% this week following Tesla's earnings report on Wednesday that showed a slower cash burn.
Engineer and tech entrepreneur Elon Musk of The Boring Company listens as Chicago Mayor Rahm Emanuel talks about constructing a high speed transit tunnel at Block 37 during a news conference on June 14, 2018 in Chicago, Illinois.

Investors are paying more than ever to protect against a Tesla bond crisis

Insurance on Tesla bonds — sold as credit default swap contracts — hit a record high on Tuesday. The price of insurance $100 of debt hit $6.58 as new fears swirled about the company's financial situation.

There’s growing concern over Tesla’s finances — and Wall Street is convinced the company will need to raise money soon

With the company in a state of "production hell" to hit production goals for the newest Model 3 sedan, analysts and investors are grappling with the very real possibility that Tesla could soon go bankrupt.

GOLDMAN SACHS: Tesla may need $10 billion in fresh cash in the next 18 months

"Between its current operations, anticipated new product spend, and incremental capacity additions, we see Tesla potentially requiring over $10bn in external capital raises and debt re-financing by 2020," analyst David Tamberrino said in a note to clients Thursday.

Tesla spikes after Musk says it will be profitable this year

The company lost $4 per share on its most recent earnings report.