Tesla (TSLA) completes $2.7B funding round as BMW pledges more EV competition

By Simon Alvarez Posted on May 8, 2019 Tesla (NASDAQ:TSLA) announced on Wednesday that it had closed its $2.7 billion offering of stock and convertible notes. The electric car maker also noted that it had oversubscribed its funding round, giving the company ample cash as it ramps up Model 3 production and prepares for other …