Feb. 14 (UPI) -- Electric automaker Tesla says it will make a secondary stock offer in a bid to raise more than $2 billion to shore up its balance sheet -- less than two weeks after boss Elon Musk said it "didn't make sense" to raise more money.
The company said in a filing with the Securities and Exchange Commission late Thursday it will make a secondary offer of $767 per share, and the money will be spent on general business expenses.