Tesla raising cash after sluggish start to 2019, and Elon Musk is buying big

Tesla CEO Elon Musk on Tesla announced Thursday that the company would offer $650 million in stock and $1.35 billion in bonds in a bid to boost the automaker’s coffers after disappointing first quarter results. CEO Elon Musk said he would buy $10 million of the company’s shares in an effort to boost confidence among investors in the flagging automaker. Stock in Tesla…