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Forget the stock. Tesla's bonds are imploding


Red lights are flashing on Wall Street about Tesla's ability to pay back a pile of debt.
Tesla's turbulent stock price - and even more volatile CEO - steal the headlines. But the real story may be the steep decline in the value of the electric car maker's bonds.
$1.8 billion of Tesla bonds due in August 2025 plunged to a record low on Friday. The bonds traded for just 84 cents on the dollar, down from 98 cents a ...

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