(Bloomberg) — Tesla Inc. investors who got in on Thursday’s share sale received the steepest discount the electic-car maker has offered in its 10-year history as a public company.Tesla’s $2 billion secondary offering priced at $767 per share, 4.60% below Thursday’s closing price. That discount is over 10 times larger than Tesla’s last secondary offering in May, and quintuples the average discount given across its seven prior share sales.Read more: Tesla Money Raise Keeps $14 Billion Virtuous Circle RollingAn 83% run-up this year before the offering launched might have contributed to the more buyer-friendly pricing terms, not to mention recent …read more
Source:: Yahoo Finance
