Tesla Inc. (TLSA) announced plans to raise another $1.15 billion in capital to fund its expansion of the Model 3. Once again, investors seemed eager to line up and give Elon Musk money. Business Insider talked with UBS's Colin Langan about a deal that combined $250 million in equity and $750 million in convertible debt. Oh, and don't forget to tack on $15 million for the offering's underwriters (where is blockchain when you need it?). When Musk isn't fantasizing about life on Mars, his other favorite hobby is spending other people's money.
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