$TSLA "With Tesla’s unsecured debt at 85 cents on the dollar and yielding north of 8 percent, borrowing money from the bond market would be too onerous, according to Joel Levington, an analyst at Bloomberg Intelligence. In the first quarter, the company reported free cash flow of negative $920 million. “They shouldn’t be issuing high coupon debt because don’t have cash in first place to pay it off,” he says. “That’s not mathematically sound or prudent.”"