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Tesla plans for US$ 2 bil. stock offering amid recent stock rallies

Tesla plans for US$ 2 bil. stock offering amid recent stock rallies


u.s. electric carmaker Tesla announced
Thursday today that it plans to offer two billion u.s. dollars of common stock
CNBC says the company will offer two point 65 million Tesla shares through
Goldman Sachs and Morgan Stanley CEO Ellen Musk will buy some 10 million
dollars of stuff in the offering while board member Larry Ellison will purchase
up to 1 million Tesla said it plans to use the proceeds to further strengthen
its balance sheet and it’s also for general corporate purposes

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