Detailed text transcripts for TV channel - CNN - 20170808:09:55:00
About 40% of sales for s&p 500 companies last year was overseas. a falling dollar makes u.s. products cheaper for foreign buyers. the u.s. dollar index down about 7% this year. tesla will sell a $1.5 billion in bonds to fund its model 3 production. tesla banking on the mass-market model 3 to be rivals for ford and chevrolet. tesla already has 455,000 preorders for the electric car. >> wow. >> however, ceo elon musk warns tesla faces "manufacturing hell" as it ramps up productions. to help with the cost, musk is hoping to raise money. he's hoping bond investors are as hungry as stock investor...