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US electric car maker Tesla announced that it plans to sell $ 5 billion in shares.
US electric car maker Teslaannounced its new stock sale program after the share value gained nearly 500 percent this year.
In the report submitted by Tesla to the US Securities and Exchange Commission (SEC), it was noted that it was planning to sell shares of up to $ 5 billion.
In the report in question, it was stated that the shares will be sold “from time to time” through 10 banks, including Goldman Sachs, Bank of America, Citigroup, Deutsche Bank and Morgan Stanley.
Musk becomes the third richest name in the world
On the other hand, according to the Bloomberg Billionaires Index, Tesla’s CEO Elon muskIt became the third richest name in the world with assets reaching $ 115.4 billion.
By increasing his fortune with the rise of Tesla shares, Musk left Facebook Senior Manager (CEO) Mark Zuckerberg behind on the list with $ 110.8 billion in assets.
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