Tesla (TSLA) crashes, announces completion of capital raise
September 14, 2020
Tesla’s stock (TSLA) is crashing today as the automaker announces that it has already completed its $5 billion capital raise.
Last week, Tesla announced plans to raise $5.0 billion in an “at-the-market” offering.
Now a week later, the company already confirms that it sold all the shares with the final settlement expected to go through tomorrow:
“On September 4, 2020, Tesla, Inc.