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Tesla Stock Offering to Price at $767 a Share
Tesla Stock Offering to Price at $767 a Share
15 Feb 2020, 03:02 AM IST
(Bloomberg) -- The secondary offering in Tesla Inc. has priced at $767 a share, a person familiar with the matter said.
The price represents a 4.6% discount to Thursday’s close. Tesla earlier announced plans to raise about $2 billion following an 83% run-up in the stock since Jan. 1.
Shares fell 0.5% in post-market trading.
To contact the reporter on this story: Drew Singer in New York at dsinger28@bloomberg.net
To contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Michael Hytha
©2020 Bloomberg L.P.
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