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In the interim, the company said that it will have
In the interim, the company said that it will have to make a deal with Ford for $13.5 billion of future debt, which comes out to about $10 billion. The company also said it will buy a majority stake in SolarCity, the electric power provider that is working hard to find a buyer for the company.
Tesla is also considering a $50 billion purchase of its U.S. subsidiary, SolarCity Resources.
Tesla issued its earnings report in December, saying that "the company continues to have a strong business and profitability. In addition, a strong and growing brand in North Dakota and the United States of America is driving a significant portion of the company's revenue growth."
Tesla's earnings in Q4 were also in line with the company's Q2 2015 earnings, which said that "the company has continued to invest in its growth pipeline and our brand."
Overall, Tesla's new Model 3 has an estimated $4.8 billion in net cash, and its $4.2 billion in debt on hand is a significant one, too.
Tesla also said that it will be using the $20 billion it has borrowed from investors to make investments in the future, especially in electric vehicles.The latest chapter in the long-running series that has been a staple of American politics involves Donald Trump's candidacy for president of the United States.
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