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 …

Tesla (TSLA) rises as capital raise gets boost from Elon Musk, support from Moody’s

By Simon Alvarez Posted on May 3, 2019 Tesla stock (NASDAQ:TSLA) continued its momentum on Friday amidst news that the electric car maker’s capital raise could reach up to $2.7 billion, higher than the initial $2 billion announced on Thursday. Together with this update was an announcement that Elon Musk will be buying more TSLA …

Tesla’s median employee pay vs. the median American in 2018 is surprising

By Simon Alvarez Posted on May 1, 2019 A recent proxy statement from Tesla has revealed that in 2018, a median employee of the electric car maker made $56,163, including salary or wages, performance bonuses, and stock awards. This figure is true for full-time, part-time, and temporary employees, excluding Elon Musk. According to data from …