Tesla in its March 31, 2019 quarterly filing with the SEC wrote, “,,, we may choose to seek alternative financing sources.” This is one method they proposed to pay down “near term debt obligations“.
Just as a footnote in automotive history another manufacturer turned to “ALTERNATIVE FINANCING” in an attempt to pay down debt.
In October of 1982, John DeLorean was charged with trafficking COCAINE as part of an FBI sting where DeLorean was attempting to bankroll a drug deal to keep his company, DeLorean Motor Cars, afloat. The sting involved 59 lbs of COCAINE worth and estimated $24 MILLION at the time.
What do you think Elon might be up to?