Re:Tesla Raises $1B from Stock and Bond Sale
by revelation on Saturday May 18, 2013 @01:45PM
(#5729685)
The stock has risen from 85 to 91 on the news and is now holding there for a few days already. You may have been diluted on percentages, but the money value of your stock has increased far more.
Also note that a large part of this money was raised in convertible debt, where shares won't show up in the float for many years (certainly in Tesla-time-periods).
Also note that a large part of this money was raised in convertible debt, where shares won't show up in the float for many years (certainly in Tesla-time-periods).