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Tesla Will Offer Shares And Debt To Raise More Capital

Video Credit: Wochit - Duration: 00:40s - Published < > Embed
Tesla Will Offer Shares And Debt To Raise More Capital

Tesla Will Offer Shares And Debt To Raise More Capital

According to Business Insider, Tesla plans to raise an addition $2 billion in capital.

After the announcement, Tesla shares jumped almost 4-percent, pushing the stock price back above the $240 mark.

Tesla plans to raise the additional capital by offering two options to investors: debt and convertible shares.

The electric car maker will offer up $600 million in shares, while putting up $1.3 billion in debt.

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