192 days ago • Posted by Jasper Lawler

Tesla stock down pre-market on news of $5 billion share sale

Tesla files for sale of up to $5bn worth of common stock, less than 1% of current mkt cap of $608bn. If VW wanted to sell $5bn worth of shares, this would correspond to 5.4% of stock market value and thus severely dilute the existing shareholders. via @Schuldensuehner

Tesla to sell up to $5 BN in another "at the market" offering. This is amazing: no institution will commit to buying here so tesla selling to robinhooders again. via @zerohedge

#Stocks
Tesla stock down pre-market on news of $5 billion share sale
bg_nwsletter