Tesla Raising $5 Billion to Super Charge Balance Sheet

Tesla plans to capitalize on its 600% share surge by raising $5 billion in common stock, boosting its cash reserves to nearly $20 billion. This move is seen as prudent by analysts, given Tesla's extensive global projects and the need to pay down debt. The company aims to leverage its technological advancements in battery and self-driving software to enhance profitability. Tesla's ambitious goal is to increase vehicle production to 20 million by the decade's end, with the Cybertruck launch being a key focus for 2021.

Why is Tesla raising up to $5 billion in common stock?

• To increase its cash reserves for global projects

• To pay dividends to shareholders

• To reduce the number of shares in the market

• To acquire another company

What is Tesla's approach to its debt load according to Wall Street?

• It is increasing rapidly

• It is ignored by the company

• It is seen as manageable

• It is considered unmanageable

What is a key focus for Tesla's technological investment?

• Traditional gasoline engines

• Battery technology and self-driving software

• Solar panel production

• Space exploration

What is Tesla's vehicle delivery goal by the end of the decade?

• 1 million vehicles

• 5 million vehicles

• 10 million vehicles

• 20 million vehicles

Which product is expected to be a major focus for Tesla in 2021?

• Model Y

• Roadster

• Cybertruck

• Model S