On Friday, Tesla Inc (NASDAQ: TSLA) priced its surprise $2-billion equity offering at $767 per share, a 4.6% discount to Thursday’s closing price. Tesla will sell 2.65 million shares of stock, and CEO Elon Musk will buy $10 million in stock himself. Now that the offering has been priced, Tesla experts and investors are shifting their attention to how exactly Tesla will put the cash to work.
- “Creepy Porn Lawyer” Avenatti Found Guilty On All Charges Of Extorting Nike
- Xcel Energy’s Steady Investments in Utility Assets Bode Well