Molly Smith and Dana Hull

Business, Technology

Tesla Raises $2.35 Billion in Boosted Debt, Stock Offerings

Tesla Chris Ratcliffe/Bloomberg News

Tesla Inc. raised $2.35 billion through debt and stock offerings that expanded from the company’s initial plans, helping to put some near-term liquidity fears to rest.

Molly Smith and Dana Hull | Bloomberg News
May 3, 2019
Business, Technology

Tesla to Raise $2 Billion to Counter Cash Drain

Tesla Patrick T. Fallon/Bloomberg News

Tesla Inc. plans to raise about $2 billion through debt and stock offerings, after CEO Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be self-sustaining.

Molly Smith and Dana Hull | Bloomberg News
May 2, 2019