https://www.mercurynews.com/2020/02/13/tesla-to-cash-in-and-sell-2-billion-worth-of-stock/ > Tesla has decided that now is a good time to reap some gains from the recent surge in the value of its stock. > On Thursday, Tesla said it will sell 2.65 million shares of its common stock, worth $2 billion, and use the profits from the sale to boost its balance sheet and “for general corporate purposes.” Tesla made the sale notice public in a filing with the U.S. Securities and Exchange Commission.