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Tesla Confirms It Will Issue $20 Million in Stock to Sell to Elon Musk

Tesla Confirms It Will Issue $20 Million in Stock to Sell to Elon Musk

(Bloomberg) -- Tesla confirms that it will issue and sell to Elon Musk $20 million of the company’s common stock during the next open trading window at the then-current market price, according to a filing on Tesla and Musk’s settlement with the SEC.

To contact the reporter on this story: Yueqi Yang in New York at yyang492@bloomberg.net

To contact the editor responsible for this story: Chakradhar Adusumilli at cadusumilli@bloomberg.net

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