Tesla closes $ 2.7 billion mixed stock offerings, debt

(Reuters) – On Wednesday, Tesla Inc. said it closed its $ 2.7 billion on shares and convertible notes, and that it was overabundant, giving the electric car maker a lot of money when it hit production.

Tesla sold about $ 860 million in shares and $ 1.84 billion in debt, after the authors exercised the opportunity to buy 15 percent in each offer.

Shares in the company were down 0.8 percent at $ 245.20 in trading before the clock.

(Reporting of Supantha Mukherjee in Bengaluru, editing by Bernard Orr)

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