Global  

Tesla seeks to tap into stock surge with $2 bln share sale

WorldNews Thursday, 13 February 2020
Tesla seeks to tap into stock surge with $2 bln share saleTesla Inc made an about-turn on Thursday by announcing plans to raise $2 billion in a stock offering as the electric-car maker taps into an astronomical jump in its share price in the past few months. Chief Executive Officer Elon Musk has repeatedly assured investors that the company will not need to raise more money. As recently as last month, Musk said: “It doesn’t make...
0
shares
ShareTweetSavePostSend
 
Credit: Reuters Studio - Published
News video: Tesla plans $2 billion offering amid stock boom

Tesla plans $2 billion offering amid stock boom 01:06

Tesla on Thursday announced plans to raise $2 billion in a stock offering, tapping into an astronomical jump in its share price over the past few months and reversing the electric-car maker’s often-stated policy of avoiding sales of new stock. Yahaira Jacquez reports.

You Might Like


Tweets about this