Tesla raises $ 2 billion while Elon Musk plans to buy $ 10 million in shares

Tesla announced Thursday in a statement that it would raise up to $ 2 billion, including $ 650 million in new shares and $ 1.35 billion in convertible notes.

CEO Elon Musk has announced plans to purchase approximately $ 10 million of the company's shares in this new offering. The total offering of shares is 2.7 million Tesla shares. The purchase of Musk would be 41 896 shares.

This decision comes only a week after Musk's postponement of capital raising issues.

"I do not think that capital raising should replace the company's efficiency," Musk told shareholders at the company's quarterly teleconference. "I think there is some merit in raising capital, but it's probably a bit of a bad time."

Tesla shares fell earlier in pre-market trading when the company filed a first deposit stating that it would offer a combination of debt and equity securities. The shares then changed course and were last up 5.7% when a second deposit revealed the details of the offer, including the interest of Musk. buy a block of new shares.

Musk's purchases were reliable short-term buying signals for the title, according to InsiderScore.com. After the last 5 purchases of Musk, stocks were on average 41% higher over the next three months, according to InsiderScore.

The actions of the controversial automaker have been under pressure recently, down nearly 30% from the beginning of the year. The rise in shares following the deposit stems from "the fact that they stole the help of the group and decided to raise the capital," CNBC Dan Ives, managing director of equity research at Wedbush Securities, told CNBC.

"There was growing fear that this company would need additional cash for the second half of the year.For the first time they listened to investors and the calculation is not obvious with respect to what they must do "said me. "Now there is some relief because the liquidity problem and the financial problem could be solved in the short term."

The offer is underwritten by Goldman Sachs, Citigroup, Bank of America, Deutsche Bank, Morgan Stanley, Credit Suisse, Societe Generale and Wells Fargo.

– CNBC Yun Li contributed to this report.