Tesla this morning filed a registration statement to raise capital through the issuance of convertible notes worth around $1.55B and a TSLA discuss sale of up to $739M.
The amount of the bond new capital is very near the reduction in cash position over the first quarter which saw the auto and energy products maker’s cash holdings fall to $2.2B.
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The article Tesla (TSLA) files cap raise up to $2.3B, CEO Elon Musk in for $10M appeared initially on Electrek.
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