Tesla raised $1.2 billion via share and convertible debt sale

Tesla has raised $1.2 billion in new cash from sale of common shares, and convertible notes that come due in 2022. The total amount includes $350 mtillion in share sales, plus $850 million raised via the senior notes, which is a bit north of what it announced on Wednesday it was planning to raise. The capital raise comes after Tesla CEO Elon Musk said on an earnings call that while it…