Tesla Motors Inc (TSLA) News: A 30% Boost, Life Savings, Day Traders & A Bear’s Opinion

Editor’s Note: Tesla Motors Inc (NASDAQ:TSLA)

Tesla Plans to Raise Up to $1.08 Billion While Repaying U.S. (SFGate)
Tesla Motors Inc (NASDAQ:TSLA), the electric-car maker run by Elon Musk, increased the size of its equity and debt offerings by 30 percent to as much as $1.08 billion to repay its U.S. loan and build up cash reserves. The company, based in Palo Alto, California, said in a regulatory filing that it plans to sell as many as 3.9 million shares for $92.24 apiece. Musk is due to purchase 1.08 million shares for about $100 million and convertible notes may raise as much as $648 million. Tesla Motors Inc (NASDAQ:TSLA) said it will use $452.4 million to repay an Advanced Technology Vehicles Manufacturing loan.

Tesla Motors Inc (NASDAQ:TSLA)

One Man Bets It All on Tesla (WSJ)
When it comes to the hype surrounding electric-car maker Tesla Motors Inc (NASDAQ:TSLA) -2.45%, one man says he has put his money where his mouth is. Sam Cornwell, a 32-year-old student in the United Kingdom with a wife and a 10-month-old son, said he invested his personal life savings — about $25,000 — in Tesla Motors Inc (NASDAQ:TSLA) back in September when the stock was trading at about $27.50 a share. An article on a tech blog last year initially piqued his interest. After he researched the company and learned more about its chief executive, Elon Musk, he was sold.

Day Traders Steer Tesla Higher (WSJ)
For weeks, Anne-Marie Baiynd kept a close eye on shares of Tesla Motors Inc (NASDAQ:TSLA) -2.44% On May 9, a day after the company posted its first-ever quarterly profit, the stock exploded higher in heavy trading. Ms. Baiynd, a full-time short-term trader since 2006, pounced. From her home office in Charlotte, N.C., the 48-year-old says she scooped up shares at $67.15 and sold them on Monday for a 31% gain. The very next day, Ms. Baiynd changed tack, she says, successfully betting Tesla Motors Inc (NASDAQ:TSLA) would head lower on a day when the shares finished down 14% from their intraday high.

Should Investors Hit the Brakes on Tesla? (InvestorPlace)
Every investor dreams of buying a stock that doubles or triples in a really short period of time … though few ever achieve that lofty dream. But what if, three months ago, you were told that if you bought Tesla Motors Inc (NASDAQ:TSLA) at $35, that by May it would be worth $90 or more? Would you have believed that and acted on it? Most investors would not. Nevertheless, Jim Woods wrote in February that a big selloff in TSLA was a buying opportunity. And boy, was he ever right! Since March, Tesla Motors Inc (NASDAQ:TSLA) has ridden a wave of favorable reviews and improved sales to a sweet gain of nearly 165%! Interestingly, for most of that time, there were no insider buys and even a few insignificant automatic sales up to $50.