Tesla Motors Inc.

Tesla Motors Inc. plans to sell $1.7 Billion in new stock. The question is, why would you do that? Well Tesla is doing this because they need funding for there launch of the new Model 3 electric sedan. If you do not know, Tesla is a luxury car that are electric instead of gas driven. 

They must fund as much as $2.25 Billion to mainly equip the factories and suppliers to build the Model 3. It is said that Tesla has been known to have net losses which is not a surprise. Not everyone buys a brand new car everyday. It's a tough industry to be in for sure. Once this is launched I believe that Tesla will make up for it. 

-- Derek Lengyel