Tesla Offers $2B of Common Stock
February 13, 2020
intends to offer approximately $2 billion of common stock in an
underwritten registered public offering. Tesla has also granted the
underwriters a 30-day option to purchase up to approximately $300
million of additional common stock.
Goldman Sachs & Co. LLC and Morgan Stanley are acting as lead joint book-running managers for the offering, with Barclays, BofA Securities, Citigroup, Credit Suisse, Deutsche Bank Securities, and Wells Fargo Securities acting as additional book-running managers, and Societe Generale acting as co-manager.