Musk Bulls Power Tesla Ahead of Offering

Musk Bulls Power Tesla Ahead of Offering

Daniel Acker/Bloomberg

Tesla’s funding plan comes after the Palo Alto, California-based company last week reported its first quarterly profit, leading its shares to surge to record highs. The next day a Consumer Reports magazine review of the Model S scored the electric car, with a $69,900 base price, as among the best it’s ever tested.