Tesla (TSLA) Rips GM (GM), Chrysler Following Gov't Loan Repayment
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Tesla (TSLA) Surges Into the Close
May 23, 2013 3:16 PM EDTTesla (NASDAQ: TSLA) has got that look in its eyes again and shorts are running for the hills. A day after announcing it paid off its Dept. of Energy (DOE) loan 9 years early, shares are up 6.33% to $92.77 into the close. This puts the all... More
Tesla (TSLA) Pushes Back Into Positive Territory on DOE Loan Repayment
May 23, 2013 10:34 AM EDTAfter being as much as 4.8 percent lower Thursday, Tesla (Nasdaq: TSLA) now finds itself back in positive territory. Shares are now up about 2.1 percent on the session.
Tesla announced it fully repaid a government loan on Wednesday, noting it was the only U.S automaker to do so.... More
Telsa (TSLA) Repays DOE Loan Facility
May 22, 2013 4:12 PM EDTAs expected, Telsa (NASDAQ: TSLA) announced the repayment of the DOE Loan Facility with a wire of almost half a billion dollars ($451.8M) that was made using a portion of the approximately $1 billion in funds raised in last week's concurrent offerings of common stock and convertible senior notes.
Elon Musk, Tesla's Chief Executive Officer and cofounder, purchased $100 million of common equity,... More
