Tesla Motors, which manufactures high-performance electric vehicles and powertrain components, raised $226 million on Monday by offering 13.3 million shares at $17.00, above its $14.00 to $16.00 range. After Tesla increased the shares it planned to offer by 20% on Monday, the above-the-range pricing translates to a 36% larger deal than originally proposed. Tesla Motors plans to list on the NASDAQ under the symbol TSLA. Goldman, Sachs & Co., Morgan Stanley, J.P. Morgan and Deutsche Bank acted as lead managers on the deal.
