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Updated: 7 hours 34 min ago

Tesla To Raise Over $1.15 Billion To Help Offset Risk For Model 3 Production

Thu, 03/16/2017 - 6:02am
Tesla is looking to raise a total of around $1.15 billion from stock and convertible senior notes as a way to help "further reduce any risks" that it'll incur as it scales its business to handle its aggressive Model 3 production schedule, the company said. From a report: Tesla's decision to pad out its balance sheet with more capital was anticipated by many analysts, and a fair number of Wall Street watchers actually thought Tesla would seek more to help it grow based on recent comments made by Tesla CEO Elon Musk. The Model 3 is set to begin full production this year, with pre-production begun in February with a temporary production line pause to help get processes at its Fremont factory ready for the new vehicle. The split of the new funding efforts will see Tesla pursue $250 million in common stock offering, with $750 million raised via convertible notes due in 2022. Elon Musk himself will personally contribute by buying $25 million in Tesla stock.

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AMD Announces Ryzen 5 Processors With 4 and 6-Core Chips Starting At $169

Wed, 03/15/2017 - 11:00pm
MojoKid writes from a report via HotHardware: Today, AMD unveiled additional details with respect to the entire Ryzen 5 processor line-up. Unlike the Ryzen 7 series, which consists entirely of 8-core/16-thread processors, the Ryzen 5 family has two tiers consisting of 6-core/12-thread and 4-core/8-thread processors. The entry-level part is the Ryzen 5 1400, a 4-core/8-thread CPU with base and turbo clocks of 3.2GHz and 3.4GHz, respectively. The Ryzen 5 1500X has the same quad-core configuration, but with base and turbo clocks of 3.5GHz and 3.7GHz, and also has support for an extended XFR frequency range of up to 3.9GHz. The Ryzen 5 1600 is a 6-core/12-thread processor, with 3.2GHz base and 3.6GHz boost clocks. And at the top of the stack is the Ryzen 5 1600X -- which has a similar 6-core configuration -- but cranks things up even further to 3.6GHz/4.0GHz. With XFR, the absolute maximum frequency for all of the Ryzen 5 processors will be somewhat higher, but AMD hasn't disclosed specifics for all parts. AMD's Ryzen 5 processor line-up will work with the very same AM4 platform as the higher-end Ryzen 7. Ryzen 5 series processors will be launching officially on April 11, with prices starting at $169 for the Ryzen 5 1400. An additional $20 will get you a Ryzen 5 1500X, while the 6-core Ryzen 5 1600 and 1600X will sell for $219 and $249, respectively.

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