Share prices for Tesla Motors hit an all-time high on July 1 of this year after an analyst raised her price target on Tesla, as well boosted her estimate on Model S production.
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Tesla announced a new offering of 2.7 million shares of common stock today, along with $450 million worth in convertible senior notes.
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Stock values for the Palo Alto, California based Tesla Motors took a nose dive after the official announcement of two executives would be leaving the company. A couple of months before Tesla plans to launch its all electric Model S sedan, Ricardo Reyes, a spokesman for the company, announced the departure of two individuals who were involved...
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