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Tesla, Inc. issued 1,000 shares of $50 par value common stock for $60 per share on May 1st, 2023.CalculatethetotalproceedsreceivedbyTesla,Inc.fromtheissuanceofcommonstock.

Tesla, Inc. issued 1,000 shares of $50 par value common stock for $60 per share on May 1st, 2023. Calculate the total proceeds received by Tesla, Inc. from the issuance of common stock.

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