Subscribe
Automakers

Tesla seeks to raise $2B through stock offering

(BLOOMBERG)
B
By:
Bloomberg
February 13, 2020 01:21 PM

Tesla Inc. is selling about $2 billion of common stock, taking advantage of its surging shares just two weeks after CEO Elon Musk said raising capital didn’t make sense.

Featured Stories

Pre-tariff stampede delivers double-digit retail gains in March
Pre-tariff stampede delivers double-digit retail gains in March
Top 150 dealership groups continue to grow strategically and consolidate the industry
Top 150 dealership groups continue to grow strategically and consolidate the industry
Here’s our list of the 2025 Top 150 dealership groups
Here’s our list of the 2025 Top 150 dealership groups
Detroit 3 executives press Trump to temper tariffs as deadline approaches
Detroit 3 executives press Trump to temper tariffs as deadline approaches

Latest News

VW’s new brand guru will have to fix marketing ‘chaos’
VW, Stellantis, Ford among 13 automakers fined $495M in Europe by antitrust regulators
Ford electrifies its bestseller — the Puma — to give a crucial lift to EV share
Congress Conversations: A live talk on auto tariffs and trade, 2 p.m. EDT on April 3
Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Vancouver auto show boss on Tesla’s removal and whether it’s welcome back
GM’s ‘woefully underutilized’ CAMI plant ideal spot for joint GM-Hyundai vans, analyst says
Trump tariffs will force Europe’s automakers to rethink strategy, ACEA says
Porsche, Mercedes face $3.7B hit from U.S. auto levies
Staying current is easy with newsletters delivered straight to your inbox.