As per a regulatory filing on Friday, the firm has secured a $565 million (up to 4 billion yuan) loan for its Shanghai plant, which will be used for expanding production at the site.
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Tesla has agreed to a 9 billion yuan loan with several banks in China. The firm plans to use the money to pay off debt it has and will invest the rest in construction and production at Gigafactory 3.
Google, a company with $36.6 billion in cash stuffed under its mattress, is about to offer up 3 billion dollars worth of Bonds. This offering is a first for the company and is also a...
Britain's only operational 3G mobile network has been dealt a blow after its partner, Dutch phone firm KPN, turned down a request for a £150m loan. The 3 network, controlled by Hong...