Tesla ends 'Spartan diet' and seeks $2.3 billion to fund expansion

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a “Spartan diet” and easing Wall Street concerns about the money-losing company’s ability to overcome a drop in sales and build new product lines.


Source: http://feeds.reuters.com/reuters/technologyNews

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