https://www.cnbc.com/2018/08/01/musk-says-tesla-wont-be-selling-stock.html

Tesla CEO Elon Musk sees no need for his electric car company to raise cash by selling stock and said that a new factory in China will likely be funded with a loan from a local bank.

"We will not be raising equity at any point," Musk said during Tesla's second quarter earnings call on Wednesday. "I have no expectation of doing so, do not plan to do so."