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Will Tesla announce a third ABS deal by end of 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Press releases from Tesla or financial news outlets
Story
Tesla Premarkets Second $783 Million Debt Sale Backed by Car Leases: Bloomberg
Oct 3, 2024, 06:20 PM
Tesla Inc. is premarketing a $783 million debt sale backed by prime car leases, Bloomberg reports. This marks the company's second such transaction this year, following a $750 million asset-backed securities (ABS) deal in March. The deal is being managed by Société Générale. Tesla has been increasingly leveraging asset-backed securities to raise capital, with $1 billion worth of revenue generated from similar activities. The company continues to innovate in financial strategies amid a surge in asset-backed securities within the industry.
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Similar markets
Yes • 50%
No • 50%
Agreement with a bank • 25%
Agreement with a tech company • 25%
Agreement with an automotive company • 25%
No new major financial agreements • 25%
Acquires a major company • 25%
Is acquired by another company • 25%
Merges with another company • 25%
No major acquisition/merger • 25%
Apple • 25%
Google • 25%
Amazon • 25%
Other • 25%
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No • 50%
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Yes • 50%
No • 50%