With IPO, Tesla bets on electric car’s future

June 28, 2010 Categorized under Auto News - No Comment

With IPO, Tesla bets on electric car’s future
Tesla Motors Inc. starts selling stock to the public on Tuesday. The sale’s success depends on how much investors are willing to bet on a car company that has never made a profit, sells a single vehicle and expects to lose money until at least 2012. As for… Tesla Motors – Electric car – Initial public offering – Business – Automobile

Read more on San Francisco Chronicle

Tesla IPO aims at battery car
Tesla Motors Inc.’s Elon Musk is trying to pull off the first initial public offering of a US automaker in a half-century for an electric sports-car company that’s lost money every year since its founding in 2003. The maker of the $109,000 electric Roadster bought by Brad…

Read more on New York Post

Tesla Motors Banks On IPO Raising Capital
Tesla Motors will start selling stock to the public this week. It is holding the first initial public offering of a U.S. automaker in a half-century. The maker of the $109,000 electric Roadster is trying to raise as much as $178 million to pay for factories and possible acquisitions.

Read more on NPR

Tesla Increases Shares Offered in IPO by 20% to 13.3 Million
©2010 Bloomberg News June 28 (Bloomberg) — Tesla Motors Inc., the electric sports-car company that’s attempting the first initial public offering by a U.S. automaker in a half-century, increased the number of shares that it will sell in its IPO by 20… Tesla Motors – Initial public offering – United States – Automotive industry – Sports car

Read more on San Francisco Chronicle

With IPO, Tesla bets on electric car’s future
Tesla Motors Inc. starts selling stock to the public on Tuesday. The sale’s success depends on how much investors are willing to bet on a car company that has never made a profit, sells a single vehicle and expects to…

Read more on WXOW 19 La Crosse

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