Posts Tagged ‘ IPO ’

Tesla IPO – Coming June 29th

The long awaited Tesla Motors initial public offering has been set for June 29th with 11.1 million shares up for grabs at a price of $14 to $16 per share, the total revenue from the sale will be up around $178 million USD. Tesla has not yet turned a profit and is not expected to until the second year of production of the Tesla Model S sedan, in 2013. In spite of that the heat surrounding this company is blistering and with deals in place with both Toyota and Daimler it is safe to say that Tesla isn’t an automotive flash in the pan. Lanjut →

Best Green Blogs