Saturday, January 30, 2010

Tesla Motors Plans for $100 Million IPO.

Tesla Motors, the electronic car company filed paperwork signaling intent to go public, selling stock in an initial public offering (IPO). While no date has been set, the SEC paperwork filed indicated an offering of $100 Million. Tesla Motors is most famous for making the first high performance electronic sports car. These cars are currently priced around $100,000 and have become a favorite among the silicon valley elites. Years ago silicon tycoons started placing orders before the first cars ever rolled off the assembly lines...Link

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