Tesla (TSLA) boosts its cash further with $5B share sale ahead of S&P 500 inclusion

Teslarati
By Simon AlvarezDec 8, 2020, 10:18 am89 pts
Tesla (NASDAQ:TSLA) has announced that it is initiating a $5 billion capital raise on Tuesday. The move, which will result in a dilution of about 0.8%, is poised to provide an additional $5 billion to the company’s already formidable balance sheet. Tesla’s new capital raise announcement comes on the heels…

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