Tag: Tesla

German Manager Magazin: Tesla announces capital increase, share gives up000394

Elon Musk (49) uses the latest record run of the TeslaShares for a further capital increase of five billion dollars (4.13 billion euros). Ten major banks, including Goldman Sachs, Citigroup Global Markets and Morgan Stanley, will carry out the sale of the shares, as the US electric car maker announced. With the fresh capital, Tesla… Continue reading German Manager Magazin: Tesla announces capital increase, share gives up000394

Tesla to raise another $5bn by selling shares

Tesla Electric carmaker to join blue-chip S&P 500 index as its stock price continues to soar Tesla Model 3 cars at its factory in Shanghai, east China. Photograph: Xinhua/Rex/Shutterstock Tesla is to raise up to $5bn selling new shares, as the electric carmaker takes advantage of an almost 900% surge in its share price over… Continue reading Tesla to raise another $5bn by selling shares

Tesla files to sell $5B in stock while its shares are richly valued

Tesla is striking while its share price — and ballooning market cap — is hot, filing today to sell $5 billion in shares after investors bid its equity to record levels. The newly announced dilutive fundraising event is having a muted impact on its value, which is off 2.3% in pre-market trading as investors digested… Continue reading Tesla files to sell $5B in stock while its shares are richly valued

Tesla ordered to stop cutting down trees at its Berlin factory construction site because of hibernating snakes (TSLA)

Hibernating snakes are complicating Elon Musk’s plans for a gigafactory near Berlin. A German court has told the U.S. billionaire’s electric vehicle company Tesla to suspend clearing of a forest at the site of the proposed factory after environmentalists said that cutting down more trees could endanger hibernating snakes. “The Landesumweltamt (state environmental authority) and Tesla will now be… Continue reading Tesla ordered to stop cutting down trees at its Berlin factory construction site because of hibernating snakes (TSLA)

Tesla retreats from record highs after announcing share sale of up to $5 billion (TSLA)

Odd Andersen/AFP via Getty Images Tesla retreated from record all-time-highs on Tuesday after the electric vehicle manufacturer announced a $5 billion “at-the-market” share offering. The “at-the-market” offering allows Tesla to sell up to $5 billion worth of stock directly into the public markets at its discretion, taking advantage of potential price swings on specific days. … Continue reading Tesla retreats from record highs after announcing share sale of up to $5 billion (TSLA)

Tesla was ordered to pay a Model S buyer $175,000 for hiding structural damage on a pre-owned car (TSLA)

A Beijing court ordered Tesla to pay $175,000 to a secondhand Model S buyer for concealing crash damage, Chinese outlet Caixin reported.  The buyer discovered that parts of the car were welded together after it broke down multiple times, Caixin said.  The used cars Tesla sells are supposed to exhibit “no evidence of structural repairs,”… Continue reading Tesla was ordered to pay a Model S buyer $175,000 for hiding structural damage on a pre-owned car (TSLA)

Uber sells self-driving unit Uber ATG in deal that will push Aurora’s valuation to $10B

Aurora Innovation, the autonomous vehicle startup backed by Sequoia Capital and Amazon, has reached an agreement with Uber to buy the ride-hailing firm’s self-driving unit in a complex deal that will value the combined company at $10 billion. Aurora is not paying cash for Uber ATG, a company that was valued at $7.25 billion following… Continue reading Uber sells self-driving unit Uber ATG in deal that will push Aurora’s valuation to $10B

Tesla gives deadline to Roadster referral discount winners ahead of finally delivering new Supercar

Tesla is contacting owners who referred enough new buyers through their referral program to get a discount on a new Roadster to let them know about a new deadline. Could this finally mean production is coming? Tesla Referral Program Tesla’s referral program has changed a lot over the years. It went from a relatively high… Continue reading Tesla gives deadline to Roadster referral discount winners ahead of finally delivering new Supercar

Fisker to enter UK market in 2023 with Ocean electric SUV

Fisker, maker of the Ocean electric SUV that’s due to launch in 2022, has announced plans to enter the UK market in 2023.  The American start-up firm, headed by Danish engineer and entrepreneur Henrik Fisker, will first set up is first ‘consumer experience centre’ in London in 2022 to allow potential buyers to get up close and personal… Continue reading Fisker to enter UK market in 2023 with Ocean electric SUV