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Tesla Raising $5 Billion to Super Charge Balance Sheet

Dec.08 — Tesla Inc. will bring a huge war chest of cash to go with its eye-popping market valuation when it joins the S&P 500 Index later this month. The electric vehicle maker is looking to raise as much as $5 billion of common stock. Ed Ludlow reports on “Bloomberg Markets: The Close.”

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Dec.08 — Tesla Inc. will bring a huge war chest of cash to go with its eye-popping market valuation when it joins the S&P 500 Index later this month. The electric vehicle maker is looking to raise as much as $5 billion of common stock. Ed Ludlow reports on “Bloomberg Markets: The Close.”

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5 Comments

5 Comments

  1. A Hoffnung

    December 8, 2020 at 11:01 pm

    Great news

  2. Kay Uwe Böhm

    December 8, 2020 at 11:56 pm

    @Tony Velasco  I mean VW not Tesla is strange not selling much ID 4, Golf GTE before nr. 1 hybrid and less Tiguan GTE in FRG likely because of much batteries from.chins needed for that in bigger china market where tesla has 250k capacity but only 140k.sold and VW MEB for ID 3+4 phase 1 is 600 000 means monthly 50.000 at all over 2 mio. cars/m china car pioneer VW 33 factories there.
    Tesla sold less 2000 from over 50 000 in first 2 months if Q4 and over christmas and new year nothing to sell all closed.

    .

  3. Slickpete83

    December 9, 2020 at 12:43 am

    how much is the common stock gonna sell for per share ???

  4. rafael mendez

    December 9, 2020 at 12:46 am

    How is it that no one saying anything about this money making move yet

    now

  5. Slickpete83

    December 9, 2020 at 1:15 am

    i heard Elon Musk wants to move to Portland or Seattle where Antifa will help him govern his company to the ground hahahahaha…..

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Bloomberg Technology

Crusoe CEO: Data Center Indusry Has a ‘Marketing Issue’

Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and…

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Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and pushes back against growing opposition to data centers, arguing the industry has a “marketing issue” and needs to better communicate its impact on water, jobs and local tax revenue. He joins Ed Ludlow on “Bloomberg Tech.”
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Former FTC Technologist Warns Against an AI ‘Cartel’

As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and…

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As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and liability laws already provide tools for addressing harms caused by AI. He joins Ed Ludlow on “Bloomberg Tech.”
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Anthropic Investor Franklin: AI Safety Concerns Won’t Slow Spending

Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why…

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Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why heightened AI safety concerns could boost demand for cybersecurity and why she doesn’t expect the debate to derail funding or anticipated AI IPOs. She joins Ed Ludlow on “Bloomberg Tech.”
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