Briefing
markets

Tesla Plans to Raise $2.3 Billion in Stock Sale

By
Kevin Dugan
· · Source: The Wall Street Journal

Elon Musk is making the most out of this year’s run-up in Tesla’s share price. On Thursday, the company announced it was planning to raise as much as $2.3 billion in funding through the sale of new shares.  Meanwhile, Tesla revealed that the Securities and Exchange Commission has subpoenaed Tesla for information about its financing arrangements. And it disclosed that the Department of Justice...

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