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09 Dec
13:03

Tesla launches new $5 billion stock sale programme

Tesla is looking to raise up to $5 billion in a new “at-the-market” shares offering programme, Kallanish learns from a US securities filing on 8 December. The plan is to issue and sell new common shares through an agreement with major agents, including Goldman Sachs, Citigroup, BofA, Barclays, BNP Paribas and Credit Suisse. This is the company’s third stock sale this year, following a $2 billion offering in February and a $5 billion issue in Sep…
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