Tesla Files For Shelf Offering To Raise Capital Unlisted Video

Automotive news reports Tesla Inc. filed for a mixed shelf offering for an undisclosed amount on Thursday. THis comes a week after CEO Elon Musk suggested a capital raise could be imminent. Many analysts had predicted the electric-car maker would need to raise funds for its expansion. According to Investopedia, a shelf offering filed with the U.S. Securities and Exchange Commission "allows an issuer to register a new issue security without selling the entire issue at once.