Elon Musk says Tesla finally cashes in
What started out as a $2.3 billion prospectus rapidly became a $2.7 billion offering.
With only about $2 billion in cash on hand before, Tesla should now be able to ride out the year.
Tesla stock shot above $250, the level at which the company has raised money in the past.
Musk is happy, he likely didn't want to raise any more money from Wall Street says Business Insider.