Manufacturer of electric vehicles Tesla Motors has received $1.46 billion after placing another 6.8 million of its own shares on the stock exchange. It was reported by news agency Reuters. This event took place just a day later after the company announced its intention to implement a part of its own shares for a total of $2 billion.
The funds required for Tesla, in order to solve the problem a major expansion of its production: a few days ago the company decided to increase the planned number of machines for the production of 2018 to 500 000 units.
In addition, the Tesla had met with much surpassed all expectations corporate demand for the budget version of its electric vehicle Model 3. In particular, the total number of pre-orders for this modification of the car cost $35k has already reached more than 375,000.
In order to quickly resolve the issue of the increased demand for its products, the Tesla has decided to implement about 10 million shares, including 2.78 million shares owned by Elon Musk.
According to journalists, the placement of shares held at a price of 215 dollars. This is much lower than the cost of an incremental placement of securities of the company in August last year, when it reached 242 dollars. For the current year securities Tesla declined in value by 10%. The maximum value of the value of one share of the company within reach in July last year (286.65 dollars).
In total, over the past 6 years the company has gained through credit facilities and through the placement of securities of $4.5 billion.
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The funds required for Tesla, in order to solve the problem a major expansion of its production: a few days ago the company decided to increase the planned number of machines for the production of 2018 to 500 000 units.
In addition, the Tesla had met with much surpassed all expectations corporate demand for the budget version of its electric vehicle Model 3. In particular, the total number of pre-orders for this modification of the car cost $35k has already reached more than 375,000.
In order to quickly resolve the issue of the increased demand for its products, the Tesla has decided to implement about 10 million shares, including 2.78 million shares owned by Elon Musk.
According to journalists, the placement of shares held at a price of 215 dollars. This is much lower than the cost of an incremental placement of securities of the company in August last year, when it reached 242 dollars. For the current year securities Tesla declined in value by 10%. The maximum value of the value of one share of the company within reach in July last year (286.65 dollars).
In total, over the past 6 years the company has gained through credit facilities and through the placement of securities of $4.5 billion.
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