GREEN CARS

Tesla raising cash after sluggish start to 2019, and Elon Musk is buying big–Update

Posted By Green Car Reports
Date Friday, 3 May 2019, at 8:51 a.m.
Tesla CEO Elon Musk on UPDATE: On Friday, Tesla increased its offering to 3.1 million shares and said CEO Elon Musk would more than double his original purchase, from $10 million to $25 million. Investors initially welcomed the news, although the stock traded slightly lower before the opening bell Friday. Tesla announced Thursday that the company would offer $650...

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