Tesla shares drop after automaker announces $2 billion stock sale

Tesla’s share price hit the brakes Thursday after the electric-car maker said it plans to sell about $2 billion in additional stock. Tesla shares had dropped 3.3 percent in premarket trading to $741.80 as of 9:09 a.m. after the Silicon Valley-based company announced the new common stock sale. Tesla said it will use proceeds from… Continue reading at New York Post