IFLR1000

Tesla $750 million secondary offering

14/8/2015
Share offer
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$ 750 million

Completed

14/8/2015

Overview:

  • Tesla Motors has made a $750 million secondary offering.
  • The proceeds will go toward Tesla's development of its Gen III vehicle.
  • The underwriters were led by Goldman Sachs, Morgan Stanley, JP Morgan Securities and Deutsche Bank Securities.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Share offer

Practice area:

Capital markets : Equity

Governing law:

United States

Industry sector:

Automotive

Firms:
Simpson Thacher & Bartlett

Party: Goldman Sachs (Underwriter)

Party: Morgan Stanley (Underwriter)

Party: JP Morgan Securities (Underwriter)

Party: Deutsche Bank Securities (Underwriter)

Lawyer: Kevin Kennedy

Wilson Sonsini Goodrich & Rosati

Party: Tesla Motors (Issuer)

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