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February 13, 2020 03:25 pm GMT

Tesla is going back to the markets to raise more than $2 billion through stock offering

Tesla said Thursday it plans to raise more than $2 billion through a common stock offering and will use the funds to strengthen its balance sheet and for general corporate purposes, despite signaling just two weeks ago that it would not seek to raise more cash. Tesla CEO Elon Musk will purchase up to $10 […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6b_XUEmfGtA/

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