Tesla Will Offer Shares And Debt To Raise More Capital Unlisted Video
4 years ago
13
According to Business Insider, Tesla plans to raise an addition $2 billion in capital.
After the announcement, Tesla shares jumped almost 4-percent, pushing the stock price back above the $240 mark.
Tesla plans to raise the additional capital by offering two options to investors: debt and convertible shares.
The electric car maker will offer up $600 million in shares, while putting up $1.3 billion in debt.
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