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Tesla Was Planned To Sell Stocks Of Up To $ 5 Billion

In the report submitted by Tesla to the US Securities and Exchange Commission (SEC), it was noted that it was planned to sell stocks of up to $ 5 billion.

Tesla Was Planned To Sell Stocks Of Up To $ 5 Billion
Yazar: Tom Roberts

Yayınlanma: 2 Eylül 2020 21:22

Güncellenme: 7 Kasım 2024 13:42

Tesla Was Planned To Sell Stocks Of Up To $ 5 Billion

US electric car manufacturer Tesla announced its new stock sale program after its share value gained nearly 500 percent this year. In the report submitted by Tesla to the US Securities and Exchange Commission (SEC), it was noted that it was planned to sell stocks of up to $ 5 billion. In the report in question, it was stated that shares will be sold "from time to time" through 10 banks, including Goldman Sachs, Bank of America, Citigroup, Deutsche Bank and Morgan Stanley.

Musk Becomes The 3Rd Richest Name In The World

On the other hand, according to the Bloomberg Billionaires Index, Tesla's Senior Manager (CEO) Elon Musk became the third richest name in the world with assets reaching $ 115.4 billion. Increasing his fortune with the rise in Tesla stocks, Musk left Facebook's Chief Executive (CEO) Mark Zuckerberg behind on the list, with $ 110.8 billion in assets.
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