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Tesla files to offer to raise capital



NEW YORK, NY – APRIL 4: Tesla's CEO Elon Musk arrives in federal court on April 4, 2019 in New York City. A federal judge will hear oral arguments this afternoon in a lawsuit filed by the US Securities and Exchange Commission (SEC) which intends to keep Musk contempt for violating an agreement. (Photo by Drew Angerer / Getty Images)

Drew Angerer | Getty Images News | Getty Images

Tesla filed for a mixed shelf ban for an unknown amount on Thursday, a week after CEO Elon Musk suggested a capital income could be imminent.

Many analysts had predicted that the electric car manufacturer had to raise funds for the expansion, including building a factory in Shanghai, the upcoming model Y SUV and other projects.


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