Tesla to sell $1.4 billion worth of shares for Model 3 production

Tesla Motors plans to sell at least US$1.4 billion in stock to help pay for an expansion that includes its Model 3 car and boosting annual production to 500,000 vehicles in 2018. The net may increase to $1.7 billion if the underwriters’ option to purchase additional shares in this offering is exercised in full. The […]