Tesla launches $5 billion capital raise, tapping in on share surge

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Tesla unveiled its biggest program of new share sales as a public company, seeking to cash in on soaring Wall Street interest in the electric carmaker $TSLA

David Whiston, an analyst at Morningstar Research, said it remained to be seen how much money Tesla will ultimately raise. The company had $8.6 billion in cash and cash equivalents at the end of June.

FILE PHOTO: A Tesla SuperCharger station is seen in Los Angeles, California, U.S., July 9, 2020. REUTERS/Lucy Nicholson With a market capitalization now around $465 billion, it became the world’s biggest car company by value in July and has propelled Chief Executive Officer Elon Musk’s personal fortune past $100 billion.

 

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You should (are getting?) paid by Tesla for advertising for them.

Adios Reuters... I've had enough of your Twitter's bot...

Yet no underwriters wanted do the offering, so they had to do an ATM offering. Not suspicious at all, in any way whatsoever

De los $5billion de Dólares de su empresa cuántos miles de Dólares invierte en su cara ' La Elon Musk' porque así se parece a mis zapatos viejos Gitanos.....

Looking for another bailout. Is this why they did a stock split ? By the stock being cheaper it makes it more appealing to investors even though its essentially watered down.

Why are you always showing the video with first gen Model S? 🤔

Smart.

the fraud of this Century

'general corporate purposes'....i.e. lining elon musk's pockets

mcm_ct New junk bond for clown investors

ie growth

if yor stock goes up 1000 pct in a year. and u got some tricky roads to navigate to actualize yor ambitions. this is a no brainer.

Is this so elonmusk can fund R&D for a Tesla truck with a RumbleButton? FreeBritney DoSomething

Tesla a batterie: accattivante e anche bella, ma da Milano, tutta autostrada fino a Firenze Impruneta, CI VOGLIONO BEN 4 ORE E 49 MINUTI, contro le 2 ore e 52 minuti di una qualsiasi utilitaria a gasolio o a gas! Tesla deve mangiarne ancora tanta di strada. Altro che 5 Mld di $!

How many years in a row now has Musk panhandled for bailout money ? That's essentially what this is.

The name of the company, Tesla. It is a cutting edge high-tech Car producer out of the West awaiting imminent approval on being included in the S&P 500 that have both huge military and civilian applications now. $TSLA tesla sp500 😂😂😂😂 TSLA bagholders now

But who will ever pay a price that is now fired into orbit?

Mercedes-Benz EQC 400 4matic first drive review: The three-pointed star brings its first electric SUV to India

Hang on didn't Tesla just raise 2 billion in February 🤔

465 billion company needs 5 billion to strengthen the balance sheet 🤔

اللي مهتم لتعلم الفوركس للمبتدئين تواصل معي على قناتي

That is, Tesla need more cash to pay the next billion dollar bonus to elonmusk ! Hahaha. Teslarati

Isn’t strengthening the balance sheet FOR general corporate purposes?

A Ponzi scheme! The end is near, LOL. Tesla is getting bad reputation for quality & reliability all over.

I’m good, thanks

It's Bonus Time baby!

And fly to Mars.

Tesla cars are expensive.

But they haven't announced what they need the money for. Diluting stock to raise money is a strategic move...so what's the strategic goal?

A company worth hundreds of billions- too silly their stock is worth zilch Germans-Japanese will take over all next, needs 5 billion. LOL. Last fool in TeslaStock get out! WW next king of the electrical car. And will be so massively. Buy stock there folks--I have. :)

Didn't they get the Chinese loan ?

Toyota will buy you..no worries 🤣🤣🤣

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