Tesla Announces $500 Million Common Stock Offering
13 augustus 2015
Tesla intends to offer half billion of additional shares
Tesla (NASDAQ: TSLA) announced today that it intends to offer, subject to market and other conditions, $500 million of additional shares of common stock in an underwritten registered public offering. In addition, Tesla intends to grant the underwriters a 30-day option to purchase up to $75 million of additional shares of common stock.
Elon Musk, Tesla’s CEO, intends to purchase $20 million of common stock in this offering at the public offering price. …