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From Electrek: Tesla (TSLA) says it’s currently planning another round of financing for...

Discussion in 'News from Electrek.co' started by RSSFeed, Aug 31, 2016.

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    At the end of last quarter, Tesla had a bigger cash position than ever before with $3.25 billion in principal sources of liquidity – thanks to its recent $1.7 billion stock offering, which was announced to finance the expansion of Tesla’s manufacturing effort for the Model 3 following the increased demand.

    Now it looks like Tesla will need more money to finance its ambitious plans. Today, Tesla confirmed that its is currently planning another round of financing. more…

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