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Tesla Motors to file an IPO : Car Advice | News Blog

Tesla Motors to file an IPO

November 23, 2009 by Alborz Fallah  


Electric sports car manufacturer Tesla Motors is expected to file an IPO (initial public stock offering) within days.

The move would provide the six-year-old Silicon Valley-based company with capital to invest and expand in the future, hoping to attract attention from those enthusiastic about green technology.

2010-Tesla-Roadster-Sport

Tesla is most well-known for its two-seater Roadster – the first production car powered by a lithium-ion battery, with a range of more than 320 kilometres.

A spokesman for Tesla, Ricardo Reyes, refused to comment on the possible IPO, calling the suggestion nothing more than “rumour and speculation”.

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Comments

One Response to “Tesla Motors to file an IPO”
  1. Vote -1 Vote +1Baddass
    says:

    I think the brand will have a future, as it is was the first truly exciting all electric sportscar. This will stick in buyers minds in the future.

    P.S: Shouldn’t it be IPSO?

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