Analyst Sees Tesla (TSLA) at $242 at 'Good Entry Point'

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Tesla raises share offering to $642.5 million

August 14, 2015 7:08 AM EDT

(Reuters) - Electric car maker Tesla Motors Inc (NASDAQ: TSLA) said it was looking to raise about $642.5 million through a share sale, above the $500 million it announced on Thursday.

The company said on Friday it would offer about 2.7 million shares at $242 per share, a slight discount... More

Tesla (TSLA) Prices Common Stock Offering at $242/Share

August 14, 2015 6:43 AM EDT

Tesla (NASDAQ: TSLA) is said to price its 2,694,934 share common stock offering at $242 per share.

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Tesla (TSLA) Boosts Common Stock Offering Size to 2.7M Shares

August 14, 2015 6:15 AM EDT

Tesla (NASDAQ: TSLA) filed a registration with the U.S. SEC to sell up to 2,694,934 shares of its Common Stock. This is up from the 2,100,000 shares it filed to sell on Thursday, August 13th.

Pricing on the offering is also at $242 per share, versus Tesla's close at $242.51 on Thursday.

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