Friday, January 29, 2010

Tesla files with the feds for IPO

Tesla Model S - click above for high-res image gallery

For the prototypal instance in more than fifty years, a U.S. maker is retentive a public offering. Henry author prefabricated shares of author Motor Company public backwards in 1956. Tesla, the Elon Musk-owned Silicon Valley electric car company, filed to do so today. There's no articulate as to when the shares module be acquirable for public consumption, nor any articulate as to how such apiece share module cost.

As for the timing of the filing, Telsa has oversubscribed nearly 1,000 (987 at last count) all-electric Roadsters in 18 assorted countries. Moreover, it has condemned 2,000 reservations for its upcoming, more mainstream Model S, which is still at least a assemblage away from production. With the creation version of the Chevrolet Volt correct around the corner, discoverer is hunting to cipher (quite literally) on the "growing interest in green profession and battery-powered vehicles." Should you buy? Don't ask us. However, King Midas-fingered whir kids Sergey Brin and Larry Page (you know, the guys that supported Google) hit already invested.


Gallery: discoverer Model S in motion

  • tesla-model-s-large-4
  • tesla-model-s-large-2
  • tesla-model-s-large-1
  • tesla-model-s-large-3
  • tesla-model-s-large-5
  • tesla-model-s-large-6

Gallery: discoverer Model S: LIVE REVEAL


[Soruce: Reuters]


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