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Tesla raises nearly $1.5 billion in capital – Funded News

#IG Tesla raises nearly $1.5 billion in fresh capital   via @businessinsider

  • @businessinsider: “Tesla raises nearly $1.5 billion in fresh capital”
  • As of March 31, Tesla had $1.44 billion in cash and cash equivalents.Â
  • Tesla seeks to finance a plan to expand production of its electric vehicles to 500,000 a year by 2018.
  • Tesla’s stock ended up 1.9% at $215.21 on Thursday, despite the announced plan to sell more stock at a price below previous share sale levels.
  • It comes from the sale of its 6.8 million new common stock offering.

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@FundedNews: “#IG Tesla raises nearly $1.5 billion in fresh capital via @businessinsider”



Tesla raises nearly $1.5 billion in capital – Funded News

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