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

Tesla CEO Elon Musk on UPDATE: On Friday, Tesla increased its offering to 3.1 million shares and said CEO Elon Musk would more than double his original purchase, from $10 million to $25 million. Investors initially welcomed the news, although the stock traded slightly lower before the opening bell Friday. Tesla announced Thursday that the company would offer $650…