Tesla has 6 ways to raise money - here are the pros and cons of each

On Monday, Tesla announced that it would issue bonds to raise $1.5 billion.

This debt offering will be a departure from Tesla's previous fundraising vehicles. The ratings agencies didn't run for the hills though. S&P wrote:

We affirmed our 'B-' ratings on Tesla despite the higher debt leverage following the proposed offering to reflect its improved liquidity. The offering will provide the company with an adequate cushion to fund its upcoming maturities and significant capital expenditures (capex) over the next 12-18 months following the launch of its Model 3.

And Moody's commented:

The stable outlook reflects Moody's expectations that the shipment levels and profitability of the Model 3, combined with an adequate liquidity profile, will enable the company to materially strengthen its operating performance and credit metrics during 2018.

Tesla's debt is considered relatively high-risk. But the verdict from the ratings agencies is that taking on additional debt at this juncture reduces the overall risk to Tesla's balance sheet.

But borrowing more isn't the only way Tesla can raise funds. Here are 5 others and some pros and cons to each:

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