Which means it has raised $10.5B in total. This is a huge number considered that Tesla had raised maybe $200M before going public and only raised $175M in the IPO. I ran some number and since going public, Tesla has raised about $17B to date in equity. It has also raised money from debt.
Source for my Tesla numbers:
(Tesla raise more money after that article was published).
Rivian raises another $2.5B, pushing its EV war chest up to $10.5B | TechCrunch
Rivian announced Friday that it has closed a $2.5 billion private funding round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor and
techcrunch.com
Source for my Tesla numbers:
Tesla Capital Raise Keeps $14 Billion Virtuous Circle Rolling
Elon Musk dreams big dreams. Tesla Inc. taps Wall Street for funds to turn them into reality. Banks pocket millions in fees. And rather than punish the company for diluting its shareholders, the market applauds.
www.bloomberg.com
(Tesla raise more money after that article was published).