More please: Tesla now seeks to raise $2.7 billion in new financing

More please: Tesla now seeks to raise $2.7 billion in new financing

5 years ago
Anonymous $9jpehmcKty

https://www.siliconvalley.com/2019/05/03/more-please-tesla-now-seeks-to-raise-2-7-billion-in-new-financing/

Tesla must have decided $2.3 billion wasn’t enough. Because the company wants to raise even more money that it originally planned for just one day ago.

In a set of regulatory filings with the Securities and Exchange Commission, Tesla said Friday that it wants to raise up to $2.7 billion through a combination of selling debt and issuing new company stock–or $400 million more than what it said on Thursday it expected to raise.