NEW YORK, NY – APRIL 4: Tesla CEO Elon Musk arrives at federal courtroom, April 4, 2019 in New York Metropolis. A federal decide will hear oral arguments this afternoon in a lawsuit introduced by the U.S. Securities and Change Fee (SEC) that seeks to carry Musk in contempt for violating a settlement deal. (Picture by Drew Angerer/Getty Photographs)
Drew Angerer | Getty Photographs Information | Getty Photographs
Many analysts had predicted the electric-car maker would want to lift funds for its growth, together with constructing a manufacturing unit in Shanghai, the upcoming Mannequin Y SUV, and different initiatives.