Here are the biggest differences between Tesla's Model 3 and Model S

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Tesla's unsecured notes will rank bondholders similarly to their convertible-bond counterparts, though they won't reap the same upside reward should the Model 3, or any other success, propel the stock even further.

Tesla's Model 3 is supposed to be a game-changing vehicle for both the company and the EV industry as a whole.

It's important to understand that Tesla does not need the $1.5 billion debt offering to ramp Model 3 production.

Given the strong name recognition of founder Elon Musk and the stellar performance of Tesla's stock - up 67% this year - the deal certainly had no problem drawing attention.

The result: Buyers of these unsecured, high-yield bonds could find themselves buried under a mountain of newer, higher-priority debt sold in the future.

Moody's assigned a B2 rating with a stable outlook. Let's not forget, Tesla's debt burden rose significantly in 2016 when it bought solar panel maker SolarCity.

Global Stocks Punished By Geopolitics, US Inflation In Focus
Ongoing global glut concerns lingered in oil markets despite a bigger-than-expected draw in US crude inventories. The 30-year bond last /32 in price to yield 2.7933 percent, from 2.794 percent late on Thursday.

CFRA equity analyst Efraim Levy said the bonds provide Tesla with funds "at least into mid-2018". This Californian organization had expended more than two billion dollars in real money to this point of 2017 in front of their dispatch. The company can fund the almost $2 billion manufacturing investment out of its $3 billion cash balance. Of course, Tesla will pitch itself as a "green" bond issuer and the final rate of interest could depend on investor appetite.

So we probably shouldn't be surprised that parents in the USA have suddenly started naming their babies (mostly girls) Tesla.

For those who were interested in the Model 3 based on its $35,000 price tag, the Model S 75 is the next best bet, though it's still considerably expensive.

While we're genuinely sad that the pair - or anyone - has to explain themselves publicly when it comes to extremely personal parts of their lives, we also completely respect their desire to quell baseless rumors and unnecessary drama. Sharing underpinnings with that vehicle means the Model Y is likely to have a similar range, which is officially pegged at 220 miles, or 320 miles with the long-range battery pack - although battery technology may have moved on by the time the Model Y launches, bringing with it commensurate increase in range. However, Musk made it very clear that the 100 kWh battery which propels Tesla's other performance models is a bit too bulky to be accommodated by the Model 3.

Shares of Tesla closed down 0.5 percent at $355.17 on Monday.

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