Just one day after announcing plans to sell notes and stock to raise much-needed capital, Tesla boosted the size of its offering to as high as $2.7 billion on Friday.

The Palo Alto, California, electric car and solar panel maker said it’s increasing the offer due to the positive response from Thursday’s announcement that it would try to raise $2.3 billion.

Also, CEO Elon Musk more than doubled the amount of stock he would buy from $10 million, to $25 million.

The offer, detailed in a...

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