Tesla Motors (TSLA) Secondary Offering 'a Possibility' - CEO

September 21, 2012 9:50 AM EDT Send to a Friend
Tesla Motors, Inc. (NASDAQ: TSLA) is giving up the morning gains after CEO Elon Musk said on Bloomberg TV that a secondary offering is "a possibility."

Musk also commented on the Model S, saying it is going "reasonably well" although he would not confirm the 2012 output target. Musk also said Coda Automotive will not survive.

Shares of TSLA last traded at $31, up 0.3 percent from Thursday's close.


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