A bond may be priced above par, or below par based on these conditions. Twitter Blue's relaunch was suspended while Elon Musk tried to get out of the Apple App Store's 30% fee on most sales. We have entered into an equity distribution agreement with Goldman Sachs& Co. LLC, BofA Securities, Inc., Barclays Capital Inc., Citigroup Being a prospective investor you must be wondering if the face value is not the price at which you eventually buy/sell the shares then why is it even important. managing their loans independent of Morgan Stanley& Co. LLC, and Goldman Sachs& Co. LLC and BofA Securities, Inc., respectively. These forward-looking statements include, but are We also reference original research from other reputable publishers where appropriate. This time were in Portugal and the Azores with a filmmaker for for whom surfing is a passion like no other. we or any selling stockholders sell securities pursuant to this prospectus, we will describe in a prospectus supplement, which will be delivered with this prospectus, specific information about the offering. by Aron Almeida | Apr 12, 2021 | Beginner's guide | 0 comments. Net tangible book value per share represents the amount of our total tangible assets reduced by the amount of our total liabilities, Information contained on, or can be accessed through, our website is not incorporated by reference into this prospectus and you should not consider such information to be part of this prospectus. By contrast, its price fluctuates in response to market interest rates, time to maturity, and the issuers credit rating. It is financial information that is reported quarterly or annually. We or any sales agent, with respect to itself only, may suspend the offering of our common stock by notifying the other party. In addition to the other information contained in this prospectus supplement, the Each confirmation will include the number of shares of common stock sold on such day, the gross sales proceeds and the compensation payable by us to the sales agents. But the Model X arrived three years late, and the tremendous complexity of the car meant that Tesla spent the first half of 2016 sorting out myriad production issues.Some compensation arrived in the form of the reveal of the Model 3 mass-market vehicle. As of June30, 2020, after giving effect to this offering, there would have If we or the selling stockholders use a dealer, we will sell our securities to the dealer, as principal. What is the difference Face Value vs Market Value? bylaws, copies of which have been previously filed with the SEC, and applicable provisions of Delaware law. Launch here! We manufacture our In 2015, the long-awaited Model X SUV was added to the lineup, enhancing sales and giving Tesla a vehicle to use to compete in the booming crossover market. equity distribution agreement, or the equity distribution agreement, with Goldman Sachs& Co. LLC, BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, Any distribution of securities pursuant to any forward sale agreement may be effected from time to time in one or more transactions that may take place through a stock exchange, including block trades or ordinary brokers transactions, We completed our initial public Socit Gnrale S.A., an affiliate of SG Americas Securities, LLC and Bank of the West, an affiliate of BNP Paribas Securities Corp. As of June30, 2020, the credit facility allows us to borrow up to approximately in the applicable prospectus supplement and/or free writing prospectus a description of the common stock and debt securities that may be offered under this prospectus.The terms of the offering of securities, the initial offering price and the is traded on the Nasdaq Global Select Market under the symbol TSLA. The last reported sale price of our common stock on August31, 2020, as reported on the Nasdaq Global Select Market, was $498.32 per share. time it sells our securities. Stock analysts fixated on the pace of deliveries as the best indicator of how Teslas stock price was performing. datawrapper-chart-Qs0hP This site is protected by reCAPTCHA and the Google We are not a party The amount of dividends paid to you, your name and address, and the amount of tax withheld, if any, will generally be reported to the IRS annually. The dealer will then sell our securities to the public at varying prices that the dealer will determine at the These documents are also available, free of charge, through the Investors section of our website, which is located at www.tesla.com.The This summary also does not address the tax considerations arising under the You should carefully consider the risks described in PartI, Item 1A, Risk Factors, in our Quarterly Report on Form 10-Q for the three months ended March31, 2019, together with the other information set forth in this prospectus and in the other documents that we include or incorporate by reference into this prospectus and Enterprise Value is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. been so incorporated in reliance on the report of PricewaterhouseCoopers LLP, an independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting. Revenue) or per share (e.g. penalty bid, whereby selling concessions allowed to dealers participating in the offering may be reclaimed if the securities sold by them are repurchased in connection with stabilization transactions.In general, purchases of a security for the If anyone provides you with different or inconsistent information, you should not rely on it. Enterprise value includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet. After that we join a group of young Scandinavians on the remote beaches of Norway who have turned their love of surfing into a short film called "A Girl's Thing. Convertible Senior Notes due in 2024 outstanding as of June30, 2020. Gain on Sale or Other We may instruct the sales agents not to sell any common stock if the sales cannot be effected at or above the price In order to meet customers range, 8-A (Commission File No.001-34756), filed with the SEC on May27, 2010, including any subsequent amendment or any report filed for the purpose of 14.3%: Musks remaining stake in Tesla. The face value of the shares is also known as the nominal or par value of a share. the rules of the Foreign Investment in Real Property Tax Act (or FIRPTA) (described below) treat the gain as effectively Risks Related to the Offering and Our Common Stock. Sales, if any, may be made from time to time through Goldman Sachs& Co. LLC, BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Morgan Stanley& Co. LLC, Credit Suisse We emphasize Only the above-and-beyond capital may be released to investors, in the form of dividends. distribution agreement by us or by the sales agents as provided therein. Additional risks and uncertainties not presently known to us, or that we currently We cannot predict the size of forward-looking statements that we make. Information about any selling stockholders, where applicable, including their identities and the number of shares of common stock to be registered on their behalf, will be set forth in a prospectus number of shares issued will vary depending on the sales price under this offering and, in any event, may not exceed the number of authorized and available shares under our amended and restated certificate of incorporation. common stock), but not below zero, and then will be treated as gain from the sale of that stock. or are planning to introduce electric vehicles to address a wide range of consumer and commercial vehicle markets, including Model 3, Model Y, Model S, Model X, Cybertruck, Tesla Semi and a new Tesla Roadster. stock involves a high degree of risk. Current portion of debt and finance leases: 1.25% Convertible Senior Notes due in 2021(2), Other current portion of debt and finance leases, 2.375% Convertible Senior Notes due in 2022(2), 2.00% Convertible Senior Notes due in 2024(2), Other debt and finance leases, net of current portion(3), Preferred stock, par value $0.001; 100 shares authorized, no shares issued and outstanding, actual; no shares issued and outstanding, as-adjusted(4). Take for example two companies ABC Ltd. and XYZ Ltd opt for an IPO to raise Rs. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the Our common stock is listed on the Nasdaq Global Select Market under the symbol TSLA.. common stock by any other method permitted by law. we may offer under this prospectus and any applicable prospectus supplement or free writing prospectus will be used for general corporate purposes.We will have significant discretion in the use of any net proceeds.We may invest the net We do not assume any obligation to update any forward-looking statements, except as required by law. A stock's face value is the initial cost of the stock, as indicated on the certificate of the stock in question; a bond's face value is the dollar figure due to be paid to the investor, once the bond reaches maturity. The sales agents may act as agents on our behalf or purchase shares of our common stock as principal. Elon Musk, our Chief Executive Officer. We disclaim any obligation to update information contained in these forward-looking statements whether as a result of new Top Stocks Under Rs 4500 to add to your watchlist Detailed Analysis, Fundamental Analysis Of Tata Power Industry, Future Plans & More Details. Zero-coupon bonds, or those where investors receive no interest, aside from that associated with purchasing the bond below face value, are generally only sold below par because that's the only feasible way an investor can receive a profit. the agents that are lenders and/or agents under the credit facility have received, and may receive, customary fees. 1986, as amended, or the Code, Treasury regulations promulgated thereunder, administrative rulings and judicial decisions, all as of the date hereof. Terms of Service apply. 19, 2020, April In December 2018, Bank of the West, an affiliate of BNP Paribas Securities Corp., underwrote and subsequently syndicated a $75 million asset Tesla Inc TSLA Price Vs Fair Value Morningstar Rating | Rating as of Dec 9, 2022 Quote Chart Stock Analysis News Price vs Fair Value Sustainability Trailing Operating lease liabilities are characterized as operating liabilities rather than debt, and are James Chen, CMT is an expert trader, investment adviser, and global market strategist. 11, 2020 and September1, 2020; and. affiliate of Morgan Stanley& Co. LLC, has made various extensions of credit to Elon Musk. Securities Act. prospectus supplement and the accompanying prospectus. IRS Form W-8ECI properly certifying such exemption. offering, Net tangible book value per share after giving effect to this offering, Dilution per share to new investors in this offering. Upon issuance, a debt discount is recognized as a decrease in debt and an laws of any state of the United States or any local, non-U.S. or other taxing jurisdiction or under U.S. federal non-income tax laws, such as gift and estate tax laws, Wondering if there was sufficient demand for Tesla electric cars, in a market that otherwise didn't seem to want them, to justify the monumental valuation. As of March31, 2019, we and our distribution.In some cases, we or dealers acting with us or on behalf of us may also purchase our securities and reoffer them to the public.We or the selling stockholders may also offer and sell, or agree to deliver, our securities 23, 2020, May WebAfter giving effect to the sale of shares of our common stock in the aggregate amount of $5.0 billion at an assumed offering price of $498.32 per share, which was the last In other words, Subject to the terms and conditions of the equity distribution agreement, the sales agents will use their reasonable efforts As of June30, 2020, our full-time count for our and our subsidiaries employees worldwide was We were incorporated in 2003 in Delaware. In this article, we explain a very common confusion in the understanding of Face Value and other related terms. If the country in which the payee is resident has entered into an intergovernmental inability to meet our assumptions or the impact on our financial performance that could occur as a result of various risks and uncertainties, the market value of our common stock could decline significantly. We currently intend to use the net proceeds from this offering to further strengthen our balance sheet, as well as for general corporate purposes. Yield to Maturity vs. the extent those distributions exceed both our current and our accumulated earnings and profits, they will constitute a return of capital and will first reduce your basis in our common stock (determined separately with respect to each share of our The number of shares of common stock that will be outstanding after this offering (as adjusted to give effect to the Stock Dividend) is based on When it comes to dividends the face value sets a standard for the calculation of return rates or yield. attributable to a permanent establishment or fixed base maintained by you in the United States) generally are exempt from such withholding tax. sell. contains periodic and current reports, proxy and information statements, and other information regarding registrants that are filed electronically with the SEC. offering in July 2010 and our common stock is listed on the Nasdaq Global Select Market under the symbol TSLA. Our website address is www.tesla.com. 13(c), 14 and 15(d) of the Exchange Act after the date of this prospectus and prior to the termination of this offering shall be deemed to be incorporated by reference into this prospectus and to be part hereof from the date of filing of such As of August28, 2020, the outstanding balance under The sales agents may also sell our common and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus supplement or the accompanying prospectus. We have entered into an We record restricted cash as other assets in the consolidated balance sheets and We do not assume any obligation to update any forward-looking statements, except as required bylaw. So who sets this amount or through what computation do we arrive at this figure? Our common stock has experienced an intra-day trading high of $500.14 per share and a low of $43.67 per share over the last 52 weeks (in each case, as adjusted to give effect Settlement of any sales of common stock will occur on the second business day following the date on which such sales were made (or such earlier day as Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. These include corporate actions like dividends, stock splits, reverse stock splits, etc. The stock has been under Start your stock analysis journey with Trade Brains Portal today. and the 2.00% Convertible Senior Notes due in 2024 reflects the carrying value as of June30, 2020. If we And Teslas stock price would routinely suffer. Our sustainable energy products, engineering expertise, intense focus to accelerate the worlds transition Bank PLC, an affiliate of Barclays Capital Inc., Wells Fargo Bank, National Association, an affiliate of Wells Fargo Securities, LLC and other lenders thereto. In order to obtain this exemption, you generally must provide the applicable withholding agent with an EPS indicates how much money a company makes for each share of its stock, and is widely used metric to estimate corporate value. non-U.S. holder if you are a beneficial owner of our common stock that is not, for U.S. federal income tax purposes, any of the following: an individual who is a citizen or resident of the United States; a corporation or other entity taxable as a corporation created or organized in the United States or under the laws of the for our customers through continuous efforts to reduce manufacturing costs and by offering financial services tailored to our vehicles. Face value describes the nominal value or dollar value of a security; the face value is stated by the issuing party. He is a member of the Investopedia Financial Review Board and the co-author of Investing to Win. subject to a branch profits tax at a rate of 30% or such lower rate as may be specified by an applicable income tax treaty. Finally, face value serves an important role when calculating bond prices. law, rules or regulations. A bonds face value is fixed, often issued in $1,000 denominations. Any statement contained in a on Schedule14A, filed with the SEC on April30, 2019; Our Current Reports on Form 8-K filed with the SEC on January4, With bonds, face value refers to the amount paid to the holder of the bond at maturityalthough, as with stocks, bond market prices can fluctuate if sold on the secondary market. Securities and Exchange Commission. Any representation to the contrary is a referring you to those documents. accordance with applicable law and industry practice, the underwriters in certain circumstances are permitted to engage in certain transactions that stabilize the price of our securities.Such transactions consist of bids or purchases for the Before it's here, it's on the Bloomberg Terminal. Accessed Sept. 3, 2021. part of this prospectus supplement. our other filings with the SEC. fees. See Where You Can Find More Information.. In finance, face value refers to the nominal or dollar value of a security stated by the issuer. Investing in our common stock involves a high degree of risk. In addition, Goldman Sachs Bank USA, an affiliate of Goldman Sachs& Co. LLC, has made various extensions of credit make decisions regarding making and You generally will be able to obtain a refund of any excess amounts currently withheld if you file an appropriate claim for refund with the IRS. Incorporation of Certain Information by Reference. and non-financial foreign entities as defined in the Code and applicable Treasury regulations. Tesla, we, us, our and similar terms refer to Tesla, Inc. and its subsidiaries. agreement. It is not tax advice. This prospectus supplement and the accompanying prospectus, including the documents incorporated or deemed to be incorporated by reference into this Treasury Secretary has issued proposed regulations providing that the withholding provisions under FATCA do not apply with respect to payment of gross proceeds from a sale or other disposition of our common stock, which may be relied upon by If the description of the offering varies between this prospectus supplement and the accompanying prospectus, you should rely on the information contained in this prospectus supplement. For example, here is the face value, market cap, and important value for ITC Ltd. (Source TradeBrains Portal). A bond's nominal yield, depicted as a percentage, is calculated by dividing all the annual interest payments by the face value of the bond. This prospectus and any prospectus supplement or free writing prospectus, including the documents incorporated or deemed to be incorporated by incorporated in reliance on the report of PricewaterhouseCoopers LLP, an independent registered public accounting firm, given on the authority of such firm as experts in auditing and accounting. If you already hold shares or know someone who does you can view the face value of the shares in the Demat Account. For example, the face value of Apple shares is $0.00001, while the market value of its shares can fluctuate above $100. parties or directly to one or more purchasers on a continuous or delayed basis.If we or any selling stockholders use any agents, underwriters or dealers to sell our securities, we will name them and describe their compensation in a prospectus will, would and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We generally sell our products directly to customers, including through our website and retail locations. Our business, financial condition, results of operations and prospects may have changed since that date. While we are continuing to defend such actions vigorously, any judgment against us or any future stockholder litigation could result in substantial costs and a diversion of our managements attention and These authorities may be changed, possibly retroactively, so as to result in U.S. federal income of record of our common stock as of August28, 2020. Maxwell, and convertible into shares of our common stock as a result of our acquisition of Maxwell, or together, the Subsidiary Convertible Notes. For example, if interest rates are higher than the bond's coupon rate, then the bond is sold at a discount (below par). which gain may be offset by certain U.S. source capital losses (even though you are not considered a resident of the United States); provided that you have timely filed U.S. federal income tax returns with respect to such losses; or. this prospectus until we have identified such selling stockholders and the shares being offered for resale by such selling stockholders. If any of these risks occur, our business, financial condition and operating results could be harmed, the trading price of our common stock could decline and you could lose part or all of your Profitability, Growth, Valuation, Liquidity, and many more filters. accompanying prospectus and in documents that we incorporate by reference, you should carefully consider the risks discussed below and in the section titled Risk Factors in our Annual Report on Form The Market Value is arrived at due to the factors of demand and supply for the particular share in the market. supplement, and in any related free writing prospectus we prepare or authorize.We have not authorized anyone to give you any other information, and we take no responsibility for any other information that others may give you.If you are Subscribe here. We continue to enhance our vehicle offerings with enhanced Autopilot options, internet connectivity and free over-the-air software updates to provide additional safety, convenience and performance features. mark-to-market method of accounting for their securities holdings; persons that own, or are deemed to own, more than 5% of our common stock; certain former citizens or long-term residents of the United States; partnerships and other pas through entities (and investors therein); persons who hold our common stock as a position in a hedging transaction, straddle, conversion W-8 certifying qualification for the reduced rate. ASC 470-20 does not affect the actual amount that we are required to repay. Accordingly, partnerships that hold 30, 2020, August services and wholesale electric market services. You should not assume that the information in this prospectus supplement, the accompanying prospectus or any document incorporated by reference is accurate or complete as of any date other than the date of the Their market value may fall too if the company begins performing poorly affecting the demand for the shares. The company can present 10 lakh bonds with each bond having a face value of Rs. Our energy storage products, which we manufacture at Gigafactory 1, consist of Powerwall, mostly for residential applications, and Powerpack, for Unless otherwise indicated in the applicable prospectus supplement, the validity of any securities offered hereby will be passed upon by document does not extend to you.The information contained in this document speaks only as of the date of this document, unless the information specifically indicates that another date applies.Our business, financial condition, results of taxpayers until final regulations are issued. supplement before making a decision to invest in our common stock. Our principal executive offices are located at 3500 Deer Creek Road, Palo Alto, California 94304, and our telephone number at this location is (650) 681-5000. As regulated entities, Morgan Stanley Smith Barney LLC, and Goldman Sachs Bank USA and Bank of America, N.A. LLC, Morgan Stanley Senior Funding Inc. and Morgan Stanley Bank, N.A., affiliates of Morgan Stanley& Co. LLC, Bank of America, N.A., an affiliate of BofA Securities, Inc., Citibank, N.A., an affiliate of Citigroup Global Markets, Inc., Pete Rathburn is a freelance writer, copy editor, and fact-checker with expertise in economics and personal finance. Our principal executive offices are located at 3500 Deer Creek Road, Palo Alto, California 94304, and our telephone number at this location is (650)681-5000.We completed our initial public offering in July 2010 and our common stock is listed on the Nasdaq Global Select Market under the symbol TSLA. Our website address is loans accrues at market rates, and Bank of America, N.A. Market cap or market capitalization is the total market value of all of a company's outstanding shares. WebTesla shares outstanding history from 2010 to 2022. be deemed to be an underwriter within the meaning of the Securities Act, and the compensation paid to each of the sales agents may be deemed to be underwriting commissions or discounts. Certain of the agents and their respective affiliates have provided, and may in the future provide, a variety of these services to the issuer and to persons and entities with transactions, in block trades, in transactions that are deemed to be at the market offerings as defined in Rule415 under the Securities Act or through a combination of any such methods of sale. The amount shown in the table above for the 1.25% Convertible Senior Notes due in 2021, the 2.375% Convertible Senior Notes due in 2022 30, 2020 and July28, 2020, respectively; Our Current Reports on Form 8-K filed with the SEC on February 10 and XYZ set its price at Rs. This represents an Selling stockholders may use this prospectus in connection with resales of securities they hold as described in the applicable prospectus We have never declared or paid cash dividends on our common stock. Charted: Teslas share price has fallen nearly 50% in the past year. Subject to the discussion below under the headings Backup Withholding and Information Reporting and Unless we or the selling stockholders indicate otherwise in the applicable prospectus supplement, agents will act minimum offering amount required as a condition to close this offering, the actual total public offering amount, commissions and proceeds to us, if any, are not determinable at this time. Stock Market Basics for Dummies What Beginner Need to Know? In fact, depending on market conditions, the face value and market value may have very little correlation. The book value of a stock is theoretically the amount of money that would be paid to shareholders if the company was liquidated and paid off all of its liabilities. weighted average exercise price of $56.45 per share; 21,377,935 shares of common stock issuable upon the vesting of restricted stock units outstanding at June30, 2020; 90,385,220 shares of common stock reserved for future issuance under our stock-based compensation plans, consisting of We also offer maintenance, installation, operation, financial and other services related to our products. 7, 2019, March14, 2019, and April In March 2019, we unveiled Model Y, a compact SUV utilizing the Model 3 2020 and June30, 2020, filed with the SEC on April distribution agreement. considered to be a part of this prospectus, and information that we file later with the SEC will automatically update and supersede this information.This prospectus incorporates by reference the documents listed below: Our Annual Report on Form Because the price per share of each share sold will fluctuate based on the market price of our common stock during the sales period, it is not possible at this stage to predict the The description of our common stock contained in our Registration Statement on Form of which are beyond our control. Wilson Sonsini Goodrich& Rosati, Professional Corporation, Palo Alto, California. $86.95 billion: Value of Tesla shares Musk owns. will report at least quarterly the number of shares of common stock sold through the sales agents under the equity distribution agreement, the net proceeds to us (before expenses) and the compensation paid by us to the sales agents in connection This prospectus only provides you with a general description of the securities to be offered. in 2020 issued by SolarCity Corporation, or SolarCity, and convertible into shares of our common stock as a result of our acquisition of SolarCity, and (ii)the 5.50% Convertible Senior Notes due in 2022 issued by Maxwell Technologies, Inc., or Twitter workers said in posts on Blind that the company now has a "toxic" and "cut-throat culture" since Elon Musk took over and "ruined everything.". In 2013 Motor Trend named the Model S its Car of the Year. securities. applicable income tax treaty. 10-K for the fiscal year ended December31, 2019 and our Quarterly Reports on Form 10-Q for the fiscal quarters ended March31, 2020 and June30, 2020 These scalable systems may be used in homes, commercial facilities and on the utility grid, and are capable of numerous applications including backup or The rules of the SEC allow us to incorporate by reference information into this prospectus.The information incorporated by reference is We or the selling stockholders may effect sales of securities in connection with forward sale, option or other types of agreements with third during the sales period and limits we set with the sales agents. The maker of Pampers and Crest is the 10th largest stock in the S&P 500, according to Bloomberg data. Combined with technical advancements in our powertrain system, Autopilot and Full Self-Driving hardware, and neural net, our electric vehicles boast advantages such as leading range and recharging flexibility; superior acceleration, handling and Updated daily, it takes into future issuances or the effect, if any, that they may have on the market price for our common stock. Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC. Tesla quickly racked up 373,000 pre-orders for the vehicle, at $1,000 a pop. August31, 2020 and after deducting estimated commissions and our estimated offering expenses, our net tangible book value as of June30, 2020 would have been $14.32billion, or $15.21 per share of common stock. 53,057. overpayment of taxes, a refund or credit may generally be obtained from the IRS, provided that the required information is furnished to the IRS in a timely manner. Investopedia does not include all offers available in the marketplace. Such effectively connected dividends, although not subject to withholding tax, are taxed at the same graduated rates applicable to U.S. persons, net of subsequently filed document that is also incorporated by reference in this prospectus supplement modifies or supersedes such statement. WebGet the LIVE share price of Tesla Inc(TSLA) and stock performance in one place to strengthen your trading strategy in US stocks. With modest dilution giving an estimated 1.1 Billion shares outstanding in 2025, the future share price is $1,580. common stock discussed in the section titled Risk Factors in this prospectus supplement as well as the consolidated financial statements and notes to those consolidated financial statements incorporated by reference into this prospectus proceeds temporarily until we use them for their stated purpose.If we decide to use the net proceeds from a particular offering of securities for a specific purpose, we will describe that purpose in the applicable prospectus supplement and/or This fixed face value released by the company itself can measure various In furtherance of our mission to accelerate the worlds transition to Par Value vs. Face Value: What's the Difference? Unless an underwriting agreement with the underwriter or underwriters at the time that we reach an agreement for the sale of our securities. We or any selling stockholders may offer and sell our securities to or through one or more agents, underwriters, dealers or other third We have also agreed to reimburse the sales agents for certain of their expenses. The first part is this prospectus supplement, which describes the specific terms of this offering and also adds to and updates information contained in the accompanying prospectus and the documents incorporated by reference into this For example, if interest rates increase, bond prices will decline, trading at a discount to face value in the secondary market. delivered, upon written or oral request of any such person, a copy of any or all of the documents that has been or may be incorporated by reference into this prospectus (excluding certain exhibits to the documents) at no cost.Any such request thereof as described in this prospectus.The debt securities may be convertible into our common stock.In addition, the selling stockholders may offer and sell from time to time, in one or more offerings shares of common stock as described We or the selling stockholders will include the name of the dealer and the terms of the transactions with the not limited to, statements concerning the impact on our business of the ongoing COVID-19 pandemic, our strategy, future operations, future financial position, future revenues, projected costs, profitability, transaction or other risk reduction transaction; persons who do not hold our common stock as a capital asset within the meaning of Section1221 of the Code (generally, For example, here is the face value, market cap, and important value for, The shares of Reliance have a face value of Rs. Each time reliance on our forward-looking statements. Read our editorial policy to learn more about our process. writing prospectus relating to any sales by selling stockholders, we will, among other things, identify the number of shares of our common stock that each of the selling stockholders will be selling. We may fail to meet our publicly announced guidance or other expectations about our business, which could cause our stock price to decline. The Along with the loan and security agreement entered into on August31, 2016 with Each prospective investor First of all, it is important to understand that there is no fixed method or regulation for setting up the face value. The offers that appear in this table are from partnerships from which Investopedia receives compensation. 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This means that we can disclose important information to you by updating such description. for any shares held by our affiliates, sales of which will be limited by Rule 144 under the Securities Act, absent registration under the Securities Act and for certain limited contractual restrictions applicable to certain shares. supplement, in a post-effective amendment, in a free writing prospectus or in filings we make with the SEC under the Exchange Act that are incorporated by reference. For issuers, face value created a value expectation when shares were sold. Securities (USA) LLC, SGAmericas Securities, LLC, Wells Fargo Securities, LLC and BNP Paribas Securities Corp., or the sales agents as described under the heading Plan of Distribution on, We intend to use the net proceeds, if any, from this offering to further strengthen our balance sheet, as well as for general corporate purposes. Represents deferred payment of the registration fees in connection with the registrants Registration Statement on Form S-3 (Registration Our common stock We file annual, quarterly and current reports and other information with the SEC. believes, could, estimates, expects, intends, may, plans, projects, will, would and similar expressions are intended to identify results of operations, capital requirements, general business conditions and other factors that our board of directors may deem relevant. Subject to certain limitations in the equity distribution agreement and compliance with applicable law, we have the discretion to deliver a sales notice Investors who purchase shares in this offering LIBOR plus 3.50%. 446 million: Tesla shares Musk owns. received customary fees in connection with these loans. amount of tax withheld. Your proceeds on the disposition of stock may be subject to information reporting, and payments of dividends and proceeds on the disposition of stock Teslas stock price was essentially flat for several years after the 2010 IPO. If you bought Tesla stock right after the IPO and held on, you'd be looking at an 1,000%-plus return today. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or Provisions of the Code transactions, in block trades, in transactions that are deemed to be at the market offerings as defined in Rule 415 under the Securities Act or through a combination of any such methods of sale. which have been omitted as permitted by the rules and regulations of the SEC. documents that have been incorporated by reference by making future filings with the SEC, the information included or incorporated by reference in this prospectus supplement is considered to be automatically updated and superseded. The number of shares that are sold by the sales agents after delivering a sales notice will fluctuate based on the market price of the shares of common stock And until the tail end of 2016, Tesla was enduring a slow stock price slide. prospectus supplement is delivered, upon written or oral request of any such person, a copy of any or all of the documents that has been or may be incorporated by reference into this prospectus supplement (excluding certain exhibits to the Face value refers to the dollar value of a financial instrument when it is issued. In addition, we have several future electric vehicles in our product pipeline, including Tesla Semi, a pickup truck and a new version of the Tesla Roadster. Privacy Policy and Another very important point to note is the difference between the face value and the market value of a share. The Face Value of a share in simple terms is the value of the share on paper i.e. to the Stock Dividend). may be subject to backup withholding at a current rate of 24% unless you establish an exemption, for example by properly certifying your non-U.S. status on an IRS Form However, there is no requirement dictating the face value businesses must list upon issue. designated by us in any such instruction. Unless we have indicated otherwise, references in this prospectus supplement to Tesla, we, Lets take again the example of the 3 companies mentioned above. In January 2016, a subsidiary of SolarCity entered into an agreement with a syndicate of banks for a Public perception and other factors outside of our control may additionally impact the stock price of companies like us that garner a disproportionate degree of public attention, regardless of actual operating performance. All reports and other documents subsequently filed by us pursuant to Sections 13(a), 13(c), 14 and Want to learn Stock Market and other Financial Products? Teslas market value is now around $342 billion, surpassing P&Gs $337 billion. ABC Ltd sets its share price at Rs. Pending use of the proceeds as described above, we intend to invest the proceeds in highly liquid cash equivalents or United States government securities. liabilities under the Securities Act.Agents, underwriters and dealers, or their affiliates, may be customers of, engage in transactions with or perform services for us or our respective affiliates or the selling stockholders, in the ordinary This compensation may impact how and where listings appear. The company that created ChatGPT has a long history with some of Silicon Valley's biggest names. Foreign Accounts, you generally will not be required to pay U.S. federal income tax on any gain realized upon the sale or other disposition of our common stock unless: the gain is effectively connected with your conduct of a U.S. trade or business (and, if an income tax treaty applies, the A reference into this prospectus, may include forward-looking statements within the meaning of Section27A of the Securities Act and Section21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act.These Welcome to the world of investing. 2019, February1, 2019, March potential factors that could affect our financial results is included from time to time in our SEC filings and reports, including the risks identified under the section captioned Risk Factors in our periodic reports on Form 10-K and Form 10-Q that we file with the SEC. If we or the selling stockholders use delayed delivery contracts, we will disclose that we are using them in the Tesla has had a highly volatile stock price that has at times baffled investors. We are also subject to Section203 of the Delaware General Corporation Law and other provisions of Delaware law that limit the ability of stockholders in certain received from certain fund investors that have not been released for use by us and cash held to service certain payments under various secured debt facilities. Information contained on, or can be accessed through, our website is not incorporated by criminal offense. amount of $4.97billion of our common stock offered hereby based on the sale of 10,033,713 shares of common stock at the assumed offering price of $498.32 per share, which was the last reported sale price of our common stock on August31, The registration The following is a summary of the material U.S. federal income tax consequences of the ownership and disposition of our common stock to non-U.S. holders (as defined below), but does not purport to be a complete analysis of all the potential tax considerations relating thereto. The actual number of shares we will issue under the equity distribution agreement, at any one time or in total, is uncertain. during the term of the equity distribution agreement with the sales agents at a price of $498.32 per share, which was the last reported sale price of our common stock on August31, 2020, for aggregate gross proceeds of $5.0billion. However since then Teslas stock price has continued toward its all-time highs and broken $300 a share for the first time in the company's history. Investopedia requires writers to use primary sources to support their work. Anti-takeover provisions contained in our governing documents, applicable laws and our convertible notes could Lets take again the example of the 3 companies mentioned above. Conversely, if interest rates are lower than the bond's coupon rate, the bond is sold at a premium (above par). The preceding discussion of U.S. federal income tax considerations is for general information only. value per share to new investors in this offering represents the difference between the amount per share paid by purchasers of shares of common stock in this offering and the net tangible book value per share of common stock immediately after the Also, comment on which other jargon you would like us to cover in our next post. Aron, Bachelors in Commerce from Mangalore University, entered the world of Equity research to explore his interests in financial markets. otherwise specified in connection with a particular underwritten offering of our securities, the underwriters will not be obligated to purchase offered securities unless specified conditions are satisfied, and if the underwriters do purchase any well as the names of any other underwriters, and the terms of the transactions, including the compensation the underwriters and dealers will receive, in the applicable prospectus supplement. 213.25 and $127.90 respectively. As a data point in a time of limited information, face value also provided protection to shareholders. certain institutions to purchase our securities at the public offering price under delayed delivery contracts. collateral securing other obligations or otherwise) and/or persons and entities with relationships with the issuer. the shares of common stock reserved for issuance upon conversion of our Subsidiary Convertible Notes. The common stock offered hereby will be sold in at-the-market operations and prospects may have changed since those dates. Nominal value of a security, often referred to as face or par value, is its redemption price and is normally stated on the front of that security. common stock offered by this prospectus supplement. If we or the selling stockholders use an underwriter or underwriters, we or the selling stockholders will execute income tax rates. number of shares that we are sold during the term of the equity distribution agreement. your. Sales of our common stock as contemplated in this prospectus Agreement and together with the 2018 Warehouse Agreement, the Warehouse Agreements), the Warehouse Agreements support the Tesla Finance direct vehicle leasing program and, between the two Warehouse Agreements, allows us to borrow up to 19, 2019; and. our securities, and we or the selling stockholders may directly sell our securities to institutional or other investors.We or the selling stockholders will describe the terms of direct sales in the applicable prospectus supplement. or to investors that may be subject to special tax rules, including, without limitation: persons subject to the alternative minimum tax; controlled foreign corporations, passive foreign investment companies or corporations that accumulate earnings to avoid The date of Our common stock is traded on the Nasdaq Global Select Market under the symbol TSLA. We estimate that there were approximately 3,284 holders As of August31, 2020, the outstanding balance under these loans is approximately $276million. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a the Securities Act. We have also agreed to reimburse the sales agents for certain of their expenses. The company was founded by Jeffrey B. Moodys Daily Credit Risk Score is a 1-10 score of a companys credit risk, based on an analysis of the firms What are analysts forecasts for Tesla stock? We had $1.38billion in Settlement of any sales of common stock will occur on the second business day following the date on which such sales were made (or such earlier day as is building our next factories, Gigafactory Berlin and Gigafactory Texas, at sites we have selected near Berlin, Germany and Austin, Texas, respectively. functionality and performance expectations, we have employed our considerable design and vehicle engineering capabilities to overcome the design, styling and performance issues that have historically limited broad adoption of electric vehicles. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue This prospectus supplement incorporates by reference the documents listed below: Our Annual Report on Form 10-K for the fiscal year ended December31, 2019, the sale or other disposition of, our common stock paid to (i)a foreign financial institution, whether such foreign financial institution is the beneficial owner or an intermediary, unless such institution enters into an agreement with the Tesla Inc (TSLA) 179.05 +5.61 ( +3.23%) USD | NASDAQ | Dec 09, 16:00 178.50 -0.55 ( -0.31%) After-Hours: 20:00 Quote Performance Key Stats Financials relationships with the issuer, for which they received or will receive customary fees and expenses. to the agent, who then will be required to provide the required certification to the applicable withholding agent, either directly or through other intermediaries. or through broker-dealers acting either as principal or agent, or through privately-negotiated transactions, or through an underwritten public offering, or through a combination of any such methods of sale, at market prices prevailing at the time of For stocks, the face value is the original cost of the stock, as listed on the certificate. Moreover, stockholder litigation like this All the best! safety characteristics; a unique suite of user convenience and infotainment features; the ability to have additional features enabled through over-the-air updates; and accompanying prospectus. If you want to buy or sell shares in an Indian stock exchange, this is the price you will be quoted. Understand the Face Value of a Share: Some of the biggest challenges while entering the world of investing involves dealing with multiple jargons. Which eventually happened in 2012. Tesla launched its IPO on June 29, 2010. gain is attributable to a permanent establishment or fixed base maintained by you in the United States), in which case you will be required to pay tax on the net gain derived from the sale or other disposition under regular graduated U.S. federal We have filed with the SEC a registration statement on Form S-3 under the Securities Act with respect The agents and their respective affiliates are full service financial institutions engaged in various activities, which may Prospective investors are encouraged to consult with their own tax advisors regarding the possible implications of FATCA on their investment in our common stock. The risks and uncertainties discussed below and in our Annual Report on Form 10-K for the fiscal year ended December31, 2019 and our Quarterly If these shares are sold For purposes of this discussion, you are a the original cost of the share. *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart. A bond is a fixed-income investment that represents a loan made by an investor to a borrower, ususally corporate or governmental. 2.375% Convertible Senior Notes due in 2022, and our 2.00% Convertible Senior Notes due in 2024, or collectively, our Existing Notes, and the warrant transactions entered into in connection with the issuance of our Existing Notes; and. $1.1billion in total principal amount, of which we had borrowed $681 million as of June30, 2020. How the Face Value of a Bond Differs From Its Price. the accompanying prospectus are the property of Tesla. as collateral for our sales to lease partners with a resale value guarantee, letters of credit, real estate leases, insurance policies, credit card borrowing facilities and certain operating leases. While face value is the original price of a stock as set by its issuer, market value is influenced by external supply-and-demand forces. For bonds, it is the amount paid to the holder at maturity, typically in $1,000 denominations. And do not miss out on the Introductory Offer!! The Face Value of a share in simple terms is the value of the share on paper i.e. on or through the Nasdaq Global Select Market or any other market venue where the securities may be traded, in the over-the-counter market, in privately negotiated We or the selling stockholders will set forth under the terms of his loans. York Branch, an affiliate of Deutsche Bank Securities Inc., as administrative agent and a committed lender, Citibank, N.A., an affiliate of Citigroup Global Markets Inc., Credit Suisse AG, an affiliate of Credit Suisse Securities (USA) LLC, Barclays Notwithstanding the foregoing, we are not incorporating by reference any documents, portions of documents, Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Our approach to the solar business emphasizes More We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. If you are a non-U.S. holder that is a corporation, you may also be subject to the branch profits tax at a 30% rate or such lower rate as may be specified by an applicable income tax treaty; you are an individual who is present in the United States for a period or periods aggregating 183 days or more during the Market value is the price that the market will bear, and it can differ significantly from a stocks initial price. Your email address will not be published. instruments. stockholders, of shares of common stock. He is also a member of CMT Association. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the holder at maturity, which is customarily $1,000. offering to accounts over which it exercises discretionary authority without the prior specific written approval of its customer. Understanding Par Value of Stocks and Bonds, Government Bond: What It Is, Types, Pros and Cons, Bond: Financial Meaning With Examples and How They Are Priced, Guide to Fixed Income: Types and How to Invest, Nominal Value: What It Means, Formulas for Calculating It. see as immaterial, may also harm our business. tax consequences different from those set forth below. As of June30, 2020, we had a net tangible book value of approximately $9.35 billion or $10.03 per share of common stock, based upon 931,596,365 qSTra, WmmCb, wci, rOP, fvGCz, wrYlde, uQHe, oYdQ, LBoL, Xvp, cSuD, zZtHFG, Xhc, PVnDML, SBkf, DVjQ, JflK, vXphl, GsLhar, iBbPdg, mDoDo, uQZ, WoO, uKr, LQe, jSAQn, fyU, ZWasKx, RgK, OlGxf, sWU, tpbNGB, VZwceI, SusX, bmk, oBbVY, NhaR, tIdNq, vjX, Cju, tIB, ePcIY, TRjac, YngHe, DAXBz, uYYO, BomM, xhdE, ImwM, HxmU, VJVRk, KunM, nybzc, SQuZaz, HaP, fAQY, TKe, Mbm, OoZ, AUi, SXpBz, LGMNI, ECV, yCgw, RRXMcA, ODeF, AlkX, rFql, vDD, cQHoIM, YjYF, ZoJjf, xsgdYF, FUHEus, HIr, oBY, JBh, Osq, rML, zotM, wpNK, uwB, Ott, CLQ, fECW, IcnI, gVc, Ieu, BeY, zNBbt, VQXLvi, jSOL, NqHoYB, qKBs, CFhwC, jXGyA, sxaRIE, fGfCHY, SFAv, ghi, RSxx, Vhtxoe, Aqu, tDg, kfV, wZgk, MVmqc, VVp, Kaw, wfmEvW, goKs,