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Flickr/jurvetson Tesla banked almost $1.5 billion last week, selling new shares — to fund the launch of its now hotly anticipated Model 3 — at a healthy $215 per share. The ease with which it raised the funds (and the fact that its shares rose 5% the week of the sale), shows how easily Tesla is able to use Wall Street to do its bidding. Plenty of people I've spoken with in the auto industry are astounded that a profitless company, one that struggled to build 50,000 cars in 2015, can tap the ...
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