Tesla is likely to sell more than $10 billion of stock in 2019, and the stock is already trading around $15.
Tesla stock could go into correction territory if investors see the company not getting a strong return from its planned investments in self-driving cars and solar power.
The stock was trading at $23.20 on Monday.
Tesla’s stock price is currently $25.62.
Tesla is planning to make a $10.7 billion investment in solar power in 2019.
Tesla, the nation’s largest carmaker, is also planning to build a $2.5 billion solar farm near its Fremont, California, headquarters.
Tesla has been one of the biggest beneficiaries of the solar energy boom in California, which is experiencing the worst solar energy shortage in more than a decade.
Tesla also plans to build two large solar plants, one in California and one in Nevada, and is in talks with a third state to build power plants.
Tesla expects to produce about 2,000 megawatts of electricity per year by 2019.