Tesla prices its secondary offering at $767 a share

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Tesla prices its secondary offering at $767 a share
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Elon Musk, chief executive officer of Tesla Inc., speaks during a ceremony at the company's Gigafactory in Shanghai, China, on Tuesday, Jan. 7, 2020.

Elon Musk, chief executive officer of Tesla Inc., speaks during a ceremony at the company's Gigafactory in Shanghai, China, on Tuesday, Jan. 7, 2020.priced its secondary common stock offering at $767 a share in a move that will likely largely seen as a success since it is only a slight discount to its closing price on Thursday.

The company said on Friday it had sold 2.65 million shares at that price, which is a 4.6% discount to its previous close. Elon Musk bought $10 million in the offering and Oracle billionaire Larry Ellison purchased $1 million worth in the offering.

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