Tesla Files For Shelf Offering To Raise Capital Unlisted Video
5 years ago
15
News
Tesla Inc
Elon Musk
U.S. Securities And Exchange Commission
Shelf Registration
Seasoned Equity Offering
Stock Market
Tesla Inc.
CEO Elon Musk
Business
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.
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