Tesla Motors $1.4 billion stock offering

Overview:

• Tesla Motors has announced an additional $1.4 billion stock offering.
• The proceeds are intended to help Tesla reach its goal of producing 500,00 cars annually by 2018.
• Goldman Sachs served as underwriter.
• Wilson Sonsini Goodrich & Rosati (Larry Sonsini, Mark Baudler, Andrew Hoffman) advised Tesla.

Kurt Stumpo - Journalist - North America and the Caribbean