Yes, ceteris paribus, all else equal, this is dilutive. Tesla is creating new shares to sell to the public. This is also considered a primary share offering. Th

Yes, ceteris paribus, all else equal, this is dilutive. Tesla is creating new shares to sell to the public. This is also considered a primary share offering. This stands in contrast to secondary offerings where no new shares are issued. Instead a company sells shares which they already own, like treasury stock.