Tag: raise
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After 670% rally, Tesla to raise $5 bn in third share sale this year
By Dana HullTesla Inc. is taking advantage of its soaring stocks by going back into the capital markets to the next time in ten months and raising up to $5 billion of common stock.The sale through a “at-the-market” offering app, according to a regulatory filing, meaning that the stock will be sold over time at…
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Tesla bumps up its capital raise by $400 million, with Elon Musk taking an additional $15 million
Tesla is going to raise an additional $400 million in its most recent sale of stock, with co-founder and chief executive Elon Musk committing to buy an additional $15 million in shares, according to a filing with the Securities and Exchange Commission. The electric vehicle, energy storage and solar panel manufacturer said it will sell…