Yesterday, a Tesla stock and bond offering was announced, which sent shares of the company up nearly 5%. Twenty-four hours later, the automaker increased the size of this offering, which has again sent TSLA stock up around the same amount.
Here’s what we know.
TSLA Stock Up on Increased Tesla Stock and Bond OfferingOn May 3, it was announced that Tesla (NASDAQ:TSLA) increased the size of its stock and bond offering. Now, Elon Musk’s company is selling 3.1 million shares valued at $243 per share, according to CNBC. Originally, 2.7 million shares were ...
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