Tesla Shakes Down Shareholder For $1 Billion Before Model 3 Launch
LISTEN TO TLR’S LATEST PODCAST: By Chris White Tesla said Wednesday it will raise more than $1 billion to produce the Model 3 and to quell concerns SolarCity is dragging down the company’s financials. The California automaker plans to offer $250 million of common stock and $750 million of senior notes to prop up Tesla’s beleaguered electric coupe….