Tesla ends 'Spartan diet,' seeks up to $2.3 billion from share, debt issues

Tesla ends 'Spartan diet,' seeks up to $2.3 billion from share, debt issues

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-tesla-offering/tesla-ends-spartan-diet-seeks-up-to-2-3-billion-from-share-debt-issues-idUSKCN1S80X7

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines.