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Tesla Ends 'spartan Diet' And Seeks $2.3B To Fund Expansion

by uk.reuters.com posted 3weeks ago 7 views
Tesla Inc will raise up to $2.3 billion (1.76 billion pounds) 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.

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