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Tesla wants to raise up to $ 5 billion

2020-09-01T14:03:15.304Z


Tesla shares have been in high demand for several months on the stock market, to the point that the group's capitalization now crushes that of the largest car manufacturers.


The automaker Tesla, which pranced on the stock market in recent sessions, announced on Tuesday its intention to raise up to $ 5 billion via a vast program of sale of shares, in a document addressed to the American stock exchange authorities (SEC).

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In mid-August, the manufacturer had indicated that it was going to divide its share by five on the New York Stock Exchange to make the title, one of the highest on Wall Street, more accessible to company employees and shareholders.

Shareholders already in the capital will keep the amount of their investment, but will have five times more shares.

The change was made after the close on August 28.

Read also: Tesla thwarts a cyberattack attempt on one of its factories

Tesla shares, in great demand for several months on the stock market, to the point that the group's capitalization now crushes that of the largest car manufacturers, ended Monday in New York on a new surge, of 12.57%.

Source: lefigaro

All business articles on 2020-09-01

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