Tesla bumps its capital raise up by $400 million, with Elon Musk taking an additional $15 million
https://techcrunch.com/2019/05/03/tesla-bumps-its-capital-raise-up-by-400-million-with-elon-musk-taking-an-additional-15-million/
Tesla is going to raise an additional $400 million in its latest sale of stock, with co-founder and chief executive Elon Musk committing to buy an additional $15 million in shares, according to a filing with the Securities and Exchange Commission.
The electric vehicle, energy storage and solar panel manufacturer said it will sell 3.1 million shares at $243 per share. The underwriters are jointly underwritten by Goldman Sachs and Citigroup . At the same time, the company said it would boost its convertible note offering by another $100 million.
Tesla bumps its capital raise up by $400 million, with Elon Musk taking an additional $15 million
May 3, 2019, 4:21pm UTC
https://techcrunch.com/2019/05/03/tesla-bumps-its-capital-raise-up-by-400-million-with-elon-musk-taking-an-additional-15-million/
> Tesla is going to raise an additional $400 million in its latest sale of stock, with co-founder and chief executive Elon Musk committing to buy an additional $15 million in shares, according to a filing with the Securities and Exchange Commission.
> The electric vehicle, energy storage and solar panel manufacturer said it will sell 3.1 million shares at $243 per share. The underwriters are jointly underwritten by Goldman Sachs and Citigroup . At the same time, the company said it would boost its convertible note offering by another $100 million.