TECH 2/26/2014 @ 5:50PM 988 views Tesla $5B Gigafactory Bombshell: 500,000 Cars By 2020 As anticipated earlier, Tesla took the wraps off its proposed battery Gigafactory today while also announcing plans to raise up to $1.6 billion in convertible-debt financing. The reason the company needs so much money is that it anticipates investing upwards of...
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