Tesla closes on $2.7 billion

Published May 8, 2019 341 Views

Rumble / Trending NewsTesla has had its ups and downs recently especially in the stock market while some supporters have questioned many of Elon Musk's decisions. On Wednesday Tesla Inc. announced it closed its $2.7 billion offering of stock and convertible notes and that it was over-subscribed, giving the electric carmaker much needed cash as it ramps up production.