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.