Tesla Motors founder Elon Musk will buy $100 million of Tesla stock as part of a secondary offering of shares and debt according to a release by the electric-car maker on its web site Wednesday.
o*r
13 楼
I am long TSLA now. However, 7 days ago Earning CC. you believe he not knowing he would do secondary just 7 days after CC ???
【在 l********i 的大作中提到】 : 好象他也说了,然而。。。。。。有机会也可以考虑的
l*i
14 楼
估计他也没意识到会涨这么猛,现在机会来了顺势搞增发
【在 o*****r 的大作中提到】 : I am long TSLA now. : However, 7 days ago Earning CC. you believe he not knowing he would do : secondary just 7 days after CC ???
< Back to Market News Related Quotes Sym. Price Chg. TSLA Trade News 84.842 1.602 UPDATE: Tesla to Offer Stock, Convertible Debt After Share Rally May 15, 2013 18:23:35 (ET) --Tesla unveils stock, convertible debt sale --Deal follows big gains in Tesla's stock price over past week --Proceeds earmarked for loan pre-payment, general purposes By Matt Jarzemsky Tesla Motors Inc. (TSLA) said late Wednesday it plans to sell stock and convertible notes, raising funds to prepay an Energy Department loan after a recent rally in its share price. The electric car maker's shares were up 6.1% at $90 in recent after-hours trading, a sign of investor support for the deal. As of Wednesday's close, the stock was up 52% from a week earlier, advancing after Tesla reported its first-ever quarterly profit. Tesla stock's recent gains had fueled speculation it might tap the capital markets for funds to repay debt and expand its operations. The company was widely expected to do so sometime in the next few years, and some traders suggested the recent stock gains made for the ideal time to strike. Tesla plans to sell 2.7 million shares and $450 million in convertible debt, in a deal slated to price late Thursday. At Wednesday's closing price, the stock offering would raise $229.3 million, excluding the potential sale of additional shares to underwriters. The deal comes as rising stock prices and low market volatility have fueled a broad increase in big sales of stock in already-public firms. "People see the window is open right now," said Michael Zeidel, a New York- based partner in corporate finance at law firm Skadden, Arps, Slate, Meagher & Flom LLP. "If you're opportunistic...you can give yourself a lot of flexibility." Mr. Zeidel noted that Tesla also filed paperwork with the Securities and Exchange Commission that will streamline its process of doing future stock or convertible debt offerings for years, if the company chooses to do so. " It's a good thing to have in your arsenal," he said. Tesla's plans for the proceeds include prepaying a $465 million loan it secured from the Department of Energy to finance development of its Model S roadster. In addition, the company plans to use funds for general corporate purposes and to enter into derivative agreements that would limit the convertible-note sale's potentially dilutive impact on shareholders. In another apparently shareholder-friendly move, Tesla Chief Executive Elon Musk plans to buy about $45 million worth of the stock offering and another $55 million of Tesla's stock in a separate deal in the future. Mr. Musk was also a buyer in Tesla's last stock offering. In September, he purchased about $1 million worth of a $225 million share sale by the company. Goldman Sachs Group Inc. (GS) is leading the deal. Write to Matt Jarzemsky at m***************[email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires (END) Dow Jones Newswires May 15, 2013 18:23 ET (22:23 GMT)
a*n
19 楼
明天弄不好会测高点吧
z*e
20 楼
Congrats on the long. Shouldn't really matter. Situation has changed as stock has already moved. Who still remember the backdated stock options stuff that Steve Jobs did?
【在 o*****r 的大作中提到】 : I am long TSLA now. : However, 7 days ago Earning CC. you believe he not knowing he would do : secondary just 7 days after CC ???