Tesla announces $1bn stock offering to scale up ahead of Model 3 production

Michael Holder
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Tesla Model 3
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Tesla Model 3

EV giant's CEO Elon Musk says he plans to purchase $25m of common stock as company readies launch of flagship electric vehicle

Tesla has announced plans for another public stock offering in which it hopes to raise about £1.15bn to strengthen its balance sheet as it ramps up production of its Model 3 electric car. A stock sale...

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