Tesla Motors (TSLA): Baird Positive on Equity Raise

Go back to Tesla Motors (TSLA): Baird Positive on Equity Raise

Tesla (TSLA) Updates on Model 3 Orders in Equity Prospectus; Says ~8k Orders Cancelled

May 19, 2016 7:29 AM EDT

With Tesla's (Nasdaq: TSLA) latest prospectus for its 9,577,901 share common stock offering, the company offered an update on Model 3 orders. The following is from the Form 424B5 filed on Wednesday night:

On March 31, 2016, we unveiled Model 3, a lower priced... More

Tesla (TSLA) volatility flat into offering of about $2B of common stock

May 19, 2016 6:25 AM EDT

Tesla (NASDAQ: TSLA) is recently down $2.17 to $209 in the premarket after announcing an offering of about $2B of common stock, with Tesla offering about $1.4B of shares with the remaining shares to be sold by Tesla CEO Elon Musk to cover tax obligations... More

Tesla (TSLA) Announces $2B Common Stock Offering; CEO Musk to Increase Holding

May 18, 2016 4:52 PM EDT

Tesla (Nasdaq: TSLA) announced an underwritten registered public offering of about $2 billion of common stock. Tesla is offering about $1.4 billion of shares with the remaining shares to be sold by Elon Musk to cover tax obligations associated with his concurrent exercise of more than 5.5 million stock options. On a net basis, Mr. Musk will increase his overall Tesla shareholdings through these transactions.

Capital supports accelerated ramp of Model 3 Because of the overwhelming demand that it has received for Model 3, Tesla intends to use the net proceeds from this offering to... More

Tesla plans to sell $1.7 billion in new stock to fund Model 3

May 18, 2016 4:27 PM EDT

By Paul Lienert and Alexandria Sage

DETROIT/SAN FRANCISCO (Reuters) - Tesla Motors Inc (NASDAQ: TSLA) will offer up to $1.7 billion of new common stock to finance the accelerated launch of its new Model 3 electric sedan, the electric luxury car maker said on Wednesday.

Tesla shares fell 2.2 percent following the announcement, which came after the market closed. They were $206.59 in after market trading, well below the $242 a share price at which the company last issued new shares, in August 2015.

Tesla, which has posted operating losses since its initial public... More

Tesla (TSLA) Files to Offer 9.58M Common Stock

May 18, 2016 4:18 PM EDT

Tesla (NASDAQ: TSLA) filed a registration with the U.S. SEC to sell up to 9,577,901 shares of its common stock. Tesla will offer 6,800,000 shares and a selling shareholder will offer the remaining 2,777,901 shares.

... More

Tesla (TSLA) to Offer $2B of Common Stock

May 18, 2016 4:02 PM EDT

Tesla (NASDAQ: TSLA) is offering about $2 billion of common stock. Tesla will offer $1.4 billion and CEO Elon Musk will offer the rest.

Tesla is offering 6,800,000 of the shares to be sold in the offering. The selling stockholder identified in this prospectus supplement is... More