Tesla Stock Offering to Price at $767 a Share

Telegram från Bloomberg / Omni Ekonomi
14 febr. 2020, 02.58

(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.

Read more: Tesla Plans $2 Billion Sale Weeks After Musk Said No Need

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

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