Business Insider Tesla Stock Sale

Wood and her team also dived into tesla s 5 billion stock sale salesforce s purchase of the workplace messaging app slack and where bitcoin could end up in 2021.

Business insider tesla stock sale. Visit business insider s homepage for more. Tesla s upcoming inclusion in the s p 500 has investors considering taking an equal weight position in the stock. Visit business insider s.

Tesla s 5 for 1 stock split went into effect on monday. Tesla is planning to sell up to 5 billion in new shares right after its stock split a tuesday filing said. Trading on the nasdaq tesla offered 13 3 million shares at a price of 17 per share.

From calls of overvaluation to eye catching tweets from ceo elon musk there s rarely a moment when tesla s stock isn t in the news. Tesla s third stock sale of the year is a smart way for the automaker to take advantage of. Visit business insider s homepage for more stories.

A 5 billion share sale would. The sale bolsters tesla s. Tesla shares retreated from all time highs on tuesday after the electric vehicle manufacturer announced a 5 billion at the market share offering.

A stock chief at blackrock. Tesla s traditional bond expiring in 2025 climbed to a record 104 36 cents on the dollar on tuesday after the company announced plans to sell up to 5 billion in stock. Aly song reuters this story is available exclusively to business insider subscribers.

The automaker s shares have surged more than 660 in. Jpmorgan advises they wait. Nio isn t the only ev company taking advantage of its soaring stock price with tesla announcing a 5 billion at the market offering earlier this week.