Tesla's CEO is Elon Musk.

Musk decided to issue 1 million new common shares.

Tesla's shares have a par value of $0.02 for $15.00 a share.

The journal entry would include a debit to Cash for

• 20,000 and a credit to Common Stock for $20,000.

• $15,000,000 and a credit to Common Stock for $15,000,000.

• $15,000,000, a credit to Common Stock for $20,000, and a credit to Additional Paid-in Capital for $14,980,000.

• $20,000, a debit to Capital Receivable for $14,980,000, a credit to Common Stock for $20,000, and a credit to Additional Paid-in Capital for $14,980,000.