Tesla's Revving Up New Fundraising Effort
Cash burn is still a concern for Elon Musk's emission-friendly automaker.
Shares of Tesla (TSLA) - Get Report gained Thursday with a new fundraising effort that could generate up to $1.15 billion on the low end of expectations. The move could reduce concerns about stock dilution as Tesla readies itself for the Model 3.
Read the full story here: Tesla Is Raising Close to $1.2 Billion, but Is That Enough for the Model 3?
This article was written by a staff member of TheStreet.
