Tesla files for capital raise; company to offer additional shares, convertible notes

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Tesla files to raise capital by selling additional shares and convertible notes

Tesla Inc. TSLA, -1.96% on Thursday filed for an offering of common stock and convertible notes, stating that Chief Executive Elon Musk has indicated his preliminary interest in some of the shares. The stock was up more than 3% in premarket trading on heavy volume. Tesla disclosed that it planned to offer 2.7 million shares of its common stock, while Musk had expressed interest in purchasing up to 41,896 of these shares for $10 million. The company also said it planned to offer $1.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Apparently the 'cash flow is king' sentiment has not filtered down to Musk & Tesla as of yet.

Dilution, dilution

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités