(Bloomberg) — Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying stock and on a recent share split that made it more accessible to retail investors.The carmaker will sell the shares “from time to time” through an agreement with several banks, according to a regulatory filing. For more details, see here.Before the new offering, Elon Musk’s company had raised about $14 billion over the past decade through secondary stock offerings, most recently with a $2 billion sale in February. The sales have helped bolster the company’s cash during its transition from a niche …read more
Source:: Yahoo Finance
