Cécile Daurat and Drew Singer

Business, Technology, Fuel, Autonomous

Tesla to Sell up to $5 Billion of Shares After Stock Surge

Tesla announced plans to sell $5 billion of stocks over time to increase capital. Tesla vehicles sit in a lot at the company's assembly plant in Fremont, Calif. (David Paul Morris/Bloomberg News)

Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a recent stock split that made it more accessible to individual investors.

September 1, 2020