Tag: tesla ipo

By on January 29, 2010

Here’s some gutsy news from one of the gutsier companies around. Tesla filed papers for an initial public offering (IPO) today, hoping to raise up to $100 million. In its Form S-1 registration statement with the SEC, the Silicon Valley start up said the stock would be issued “as soon as possible”. That part is not very surprising, coming on the heels of securing a $465 million loan from the DOE to help build the Model S. But deeper in the that filing comes a couple of juicier facts: Tesla has lost some $236 million so far, and plans to kill the Roadster, its only product on sale, in 2011. (Read More…)

Recent Comments

  • Wheatridger: Right- it’s like electricity, or steam, or springs. All are good for transporting energy and...
  • anomaly149: There was plenty of literature about both fuel cells and batteries around decades before Musk was even...
  • Ryoku75: MAYBE it was a joke, I dunno, it is what it is, give or take.
  • jacob_coulter: Nobody seems to be addressing the elephant in the room. Car companies are pursuing hydrogen as a fuel...
  • gmichaelj: Given how small the amount paid to assembly line workers, it also cuts out the justification for buying a...

New Car Research

Get a Free Dealer Quote

Staff

  • Contributors

  • Matthew Guy, Canada
  • Ronnie Schreiber, United States
  • Bozi Tatarevic, United States
  • Chris Tonn, United States
  • Corey Lewis, United States
  • Mark Baruth, United States
  • Moderators

  • Adam Tonge, United States
  • Corey Lewis, United States