He intends to bring in capital through the sale of shares to the more established, among other things, Elon Musk, who has committed to subscribe for up to $ 10 million. The capital will be used to strengthen the balance sheet.
It is the total of the proceeds from the share issue could reach up to 2.3 billion u.s. dollars, according to a statement from Tesla. This is equivalent to about sek 19 billion.
Larry Ellison, Oracle's co-founder, has undertaken to subscribe for shares for up to $ 1 million.
while Goldman Sachs and Morgan Stanley, as the holding in the offering, have a 30-day option to purchase additional shares, at the Election of up to $ 300 million.
the Shares soon after at 14 has dropped by more than 4 percent of the u.s. förhandeln.
for more information, see an Increase in profits for the Contest.