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Tesla collects more money than planned

The loss-making electric car pioneer Tesla can collect his parcel of new shares and bonds to more fresh capital than originally expected.

The company said on Friday, up to 2.7 billion dollars. The day before the speech was of 2.3 billion dollars. This suggests that the offer from Tesla on the stock exchange was in high demand. The issue of new shares would bring in close to $ 850 million, about $ 200 million more than initially targeted.

Tesla CEO Elon Musk even increased its share purchase on 25 of the tens of millions of dollars.

investors relieved by a cash injection

The already longer at the market than urgently necessary money provided for relief for the investors. The Worry about the future of the electric car making company has brought with their first models, the traditional car builders in the shift to cleaner electric vehicles on the trot, to grow for months.

Because Musk could not create after a year-long loss of the promised turnaround in to a profitable business, because the new Model 3 rolls out in spite of the high orders fast enough in large number to the customers. At the same time Tesla with a Factory in China, a new SUV model and an electric truck for more expensive projects. "The market breathes a sigh of relief with a deep sighing," said Craig Irwin, an Analyst from Roth Capital. "Now you must get back to work and start to sell more cars." (anf/sda)

Created: 03.05.2019, 16:54 PM

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