# Professor Aswath Damodaran's blog post on Tesla and its bond issuance is referenced

1 Faculty News March 29, 2018 ![Bloomberg View logo](/sites/default/files/styles/246w/public/assets/images/bloombergview_0.jpg?itok=47DlvcFA)>

Excerpt from [Bloomberg View](https://www.bloomberg.com/view/articles/2018-03-29/elon-musk-might-control-tesla) -- "'You can see quickly that Tesla is singularly unsuited to using debt,'; wrote [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran) back in August, when it was issuing debt. But 'bond investors pretty much ignored the carmaker’s prolific cash burn and repeated failures to meet production targets and lent it $1.8 billion at record-low interest rates.'"

[Read more](https://www.bloomberg.com/view/articles/2018-03-29/elon-musk-might-control-tesla)