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March 17, 2017 02:31 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/e2LuRiaiqhU/
Tesla raised $1.2 billion via share and convertible debt sale
Tesla has raised $1.2 billion in new cash from sale of common shares, and convertible notes that come due in 2022. The total amount includes $350 million in share sales, plus $850 million raised via the senior notes, which is a bit north of what it announced on Wednesday it was planning to raise.The capital raise comes after Tesla CEO Elon Musk said on an earnings call that while it…Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/e2LuRiaiqhU/
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