Tesla intends to offer about $2 bln of common stock in an underwritten registered public offering

Tesla announces offering of common stock.tesla inc - intends to offer approximately $2 billion of common stock in an underwritten registered public offering.tesla inc - intends to use net proceeds from offering to further strengthen its balance sheet, as well as for general corporate purposes.tesla inc - elon musk, tesla's ceo, will participate by purchasing up to $10 million of common stock in offering.tesla inc - larry ellison, a member of tesla's board of directors, will purchase up to $1 million of common stock in offering.tesla inc - also granted underwriters a 30-day option to purchase up to about $300 million of additional common stock.tesla - gorss proceeds of offering, assuming full exercise by underwriters of their option to purchase additional securities, would be about $2.3 billion.
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