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by benzible 964 days ago
See: https://webcache.googleusercontent.com/search?q=cache:https:...

Capital Raise

4,281 days since Elon Musk said Tesla will never need to raise capital again. (2/12/2012)

"Tesla does not need to ever raise another funding round." Elon Musk, quoted by John Voelcker in Green Car Reports

4,052 days since Elon Musk raised $195.7M in common stock. (9/28/2012)

3,822 days since Elon Musk raised $313M in common stock. (5/16/2013) 3,822 days since Elon Musk raised $600M in convertible notes. (5/16/2013)

[...]

1,157 days since Elon Musk raised $5B in common stock. (9/1/2020)

1,059 days since Elon Musk raised $5B in common stock. (12/8/2020)

1 comments

With Tesla stock as overvalued as it is, he'll be really dumb to not sell issue more. Tesla is the original meme stock: if people are willing to pay much more for AMC/BBBY/whatever meme stock than it would otherwise be worth, you should get in front of the money printing machine and issue more stock. Good for him.