Tesla Announces Offerings of Common Stock and Convertible Senior Notes

Go back to Tesla Announces Offerings of Common Stock and Convertible Senior Notes

Macquarie Reiterates Outperform Rating on Tesla (TSLA)

May 6, 2019 7:22 AM EDT

Macquarie analyst, Maynard Um, reiterated an Outperform rating and $400.00 price target on Tesla (NASDAQ: TSLA) following the company's earnings call.

On its earnings call last week, FCA indicated that it entered into various agreements" in the quarter to ensure that the company has... More

Nomura/Instinet Reiterates Neutral Rating on Tesla (TSLA)

May 3, 2019 7:22 AM EDT

Nomura/Instinet analyst Christopher Eberle reiterated a Neutral rating and $300.00 price target on Tesla (NASDAQ: TSLA) after the company filed a mixed shelf registration. Management also announced an equity offering of 2.7mn common shares and approximately $1.3bn worth of convertible bonds due in 2024.

... More

Tesla (TSLA) $650M Common Stock Offering Seen Pricing Tonight for 5/3 Trading - Source

May 2, 2019 10:00 AM EDT

Tesla's (NASDAQ: TSLA) $650 million common stock offering is seen pricing tonight and trading on Friday, May 3, according to a source. There is currently no price indication.

Meanwhile, the convertible offering is said to have a coupon range of 1.5-2%.

... More