Alana Houck

Tesla Looks to Raise as Much as $2.3 Billion Through a Bond and Stock Sale

https://www.wsj.com/articles/tesla-looks-to-raise-as-much-as-2-3-billion-in-debt-and-equity-11556800692

9:59 PM

In the past few years, we have recently seen Tesla achieve huge success after the company's decision to make a comeback with the production of the Model S and many other innovative features such as self-driving vehicles. Expansion and innovation was a key move for Tesla. Reportedly though, Tesla had a huge decline of $702 million, the largest loss ever in their quarterly report. This is due to many factors including bad preparation skills on behalf of Tesla's high-level managers, issues regarding productivity, and reported malfunctions regarding the vehicles themselves, and debt. Tesla stocks have fallen 16% just in the past month.

The CEO of Tesla Elon Musk will definitely the help of a pretty good marketing team in order to increase revenue. With the price of the Model 3 going down, now is a great time to market and promote that new affordable price. Mr. Musk has already stated that he does not expect to even see profits for the next quarter meaning that he needs to implement every strategy he can and do everything possible in order to increase revenue. Marketing Tesla's new technologies and prices is a great way to bring in potential customers and money.