Tesla to raise $1.15 billion ahead of its Model 3 launch

Discussion in 'Stocks' started by Michael J. Fletcher, Mar 16, 2017.

  1. dealmaker

    dealmaker

    Tesla, looking to cut 'risks,' will raise $1B in capital
    Tesla Inc. plans to offer $250 million in shares and $750 million in convertible debt as the electric-car maker looks to raise the cash needed to evolve from a niche player to a high-volume automaker. The proceeds will be used to strengthen its balance sheet and "further reduce any risks associated with the rapid scaling of its business due to the launch of Model 3," Tesla said in a statement. (Automotive News)
     
  2. vanzandt

    vanzandt

    images.jpg
     
  3. R123

    R123

    Yes, evolve from a Niche Cash Burner to a High Volume Cash Burner. On the short watch list.
     
  4. secondary over, M3 on time. Shorts have run out of ammunition. Off to all time highs
     
  5. Pekelo

    Pekelo

    Don't leave us hanging here, beginning of what?
     
  6. more and more impressed by the brilliance of musks planning, always
     
  7. Name one other company with so much potential for growth and is this far ahead of competition.
     
  8. Humpy

    Humpy

    Over rated. Don't invest here.
     
    #10     Mar 22, 2017