Tesla raises size of share sale, Musk to buy more

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Tesla raises size of share sale, Musk to buy more
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Tesla Inc on Friday raised the size of its planned share offering to 3.1 million...

FILE PHOTO: A Tesla electric car supercharger station is seen in Los Angeles, California, U.S. August 2, 2018. REUTERS/Lucy Nicholson/File Photo

Tesla had said on Thursday it would raise up to $2.3 billion in new capital through shares and debt, easing Wall Street concerns about the money-losing company’s ability to overcome a drop in sales and build new product lines.

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