Just 15 days after telling investors a capital raise “doesn’t make sense,” Tesla CEO Elon Musk seems to have reconsidered: Tesla announced Thursday that it plans to sell $2 billion in fresh stock.
Tapping the equity markets at this juncture is the right thing to do for Tesla’s business. While Tesla said it began the year with more than $6 billion in cash, its share price has nearly doubled since then. Companies should raise money when they can instead of when they need to, and Tesla’s investor base has never been the type...
heard Me want some.
heard 'the offering may be a questionable' ... when you're making stuff up 😂😂😂
heard Successive shares sale so soon sounds screwy.
This guy is such a con job. Cant wait till his investors lose their lunch.
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