Tesla: Profitable by 2018?

Last week, Tesla (TSLA) issued $1.8 billion of debt to help finance its Model 3 build out. And while buying Tesla bonds might be, well, kind of ridiculous, the financing will certainly help Tesla avoid having to issue more stock.

Still, it's not as if taking on more debt is cost free. In fact, Guggenheim's Robert Cihra lowered his estimates on Tesla due to greater interest costs. But that doesn't cause him to change his ever-so optimistic outlook on Tesla shares. He explains why:

We trim our EPS estimates to account...

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