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Tesla Softens Capital-Raise Language in SolarCity Filing

  • Electric-car maker had planned to raise funds, now ‘may’ do so
  • Update to SEC document reflects Musk’s comments on Twitter

Tesla Motors Inc., working to merge with SolarCity Corp., said in a filing that it “may” raise funds, which is a step back from late August when the company said it was “planning” to go to capital markets for more cash.

The change in language came in a regulatory filing, affirming what Tesla Chief Executive Officer Elon Musk said over the weekend when he tweeted that neither the electric-car maker nor the solar-panel company would raise money in the fourth quarter and probably not in the first...


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