The Wall Street Journal: Tesla sells $837 million of bonds backed by auto leases

Tesla Inc. fell just shy of its goal of delivering at least half a million vehicles last year after the Covid-19 outbreak temporarily closed the company’s lone U.S. car plant......»»

The AbbVie deal was the fourth-largest investment-grade bond sale on record.....»»

China sold bonds in euros for the first time in 15 years, a move that could encourage Chinese companies to follow suit, helping reduce their reliance on dollar funding......»»

Germany sold 30-year bonds at a negative yield for the first time, in another sign of how investors’ desperation for safe assets is inflating their value......»»

Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla's stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday......»»

One of Connecticut’s better known white elephants — rapper 50 Cent’s massive Farmington mansion —has finally traded for $2.9 million, or 84% less than what it first sought 12 years ago, according to people familiar with the deal......»»

Tesla Inc. finance chief Zach Kirkhorn’s first-day move to replenish his finance team aims to reassure insiders and investors and rebuild the auto maker’s executive ranks after wave of departures......»»

The owners of New York City’s Chrysler Building have reached a deal to sell the iconic skyscraper for a little more than $150 million, unloading the 77-story office tower at a substantial loss, according to people familiar with the matter......»»

Tesla Inc. delivered its largest-ever bond payment Friday, a move that likely used up nearly a quarter of its cash at a time when the company faces increasing scrutiny from regulators and investors......»»

WeWork Cos. sold $702 million in bonds Wednesday, becoming the latest startup to win over debt investors despite a cash-burning history that is atypical for a bond issuer......»»

Kansas City-based National Beef Packing Co. sold a 51 percent stake to a Brazilian company for $969 million. Marfrig Global Foods now becomes the world’s second-largest beef producer, The Wall Street Journal reports. The deal is expected to clos.....»»

Wall Street JournalTesla Executives Step Away, Adding to Auto Maker's ChallengesWall Street JournalTesla Inc. TSLA -1.30% will be without two important execut.....»»

Tesla Inc. in a lawsuit Wednesday accused a former employee of hacking into the auto maker’s computer system to steal company data and send it to an unnamed third party......»»

Wall Street JournalAuto Makers in the US, Including Tesla and Ford, Brace for Additional Tariff From ChinaWall Street JournalSHANGHAI—China f.....»»

Tesla Inc.’s tumultuous year has fueled concern among some of its suppliers about the auto maker’s financial strength after production of the Model 3 car drained some of its cash, according to industry executives and documents......»»

Some Tesla Inc. suppliers are concerned about the auto maker's financial strength after Model 3 production drained the company's cash, according to a report in The Wall Street Journal that cited ind.....»»

Tesla Inc. CEO Elon Musk believes he had a verbal agreement in place with Saudi Arabia’s sovereign-wealth fund to help finance a plan to take the auto maker private, according to a person familiar with the matter......»»

HSBC Holdings PLC will pay $765 million to settle Justice Department claims that it willfully covered up risks associated with residential-mortgage products in the run-up to the last housing-market downturn......»»

Wall Street JournalTesla, US Auto Makers Fall in Consumer Reports' Latest RatingsWall Street JournalDETROIT—Electric car maker Tesla Inc. TSLA -1.92% tumbled in Consumer Reports' latest reliability rankings, along with sev.....»»

A David Hockney painting of a man in a pink jacket overlooking a sun-dappled swimming pool sold for $90.3 million at Christie’s in New York on Thursday—setting a record for a living artist at auction......»»