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Filed under: EV/Plug-in, Tesla Motors, Legislation and Policy, USA
Tesla Model S - click above for high-res image gallery


For the first time in more than fifty years, a U.S. automaker is holding a public offering. Henry Ford made shares of Ford Motor Company public back in 1956. Tesla, the Elon Musk-owned Silicon Valley electric car company, filed to do so today. There's no word as to when the shares will be available for public consumption, nor any word as to how much each share will cost.



As for the timing of the filing, Telsa has sold nearly 1,000 (987 at last count) all-electric Roadsters in 18 different countries. Moreover, it has taken 2,000 reservations for its upcoming, more mainstream Model S, which is still at least a year away from production. With the production version of the Chevrolet Volt right around the corner, Tesla is looking to capitalize (quite literally) on the "growing interest in green technology and battery-powered vehicles." Should you buy? Don't ask us. However, King Midas-fingered whiz kids Sergey Brin and Larry Page (you know, the guys that founded Google) have already invested. Thanks to everyone who sent this in!







Gallery: Tesla Model S in motion



Gallery: Tesla Model S: LIVE REVEAL

[Soruce: Reuters]



Tesla files with the feds for IPO originally appeared on Autoblog Green on Sat, 30 Jan 2010 09:09:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments

Tags: breaking, Elon Musk, ElonMusk, Green, Tesla, Tesla Initial Public Offering, Tesla IPO, Tesla Model S, Tesla Roadster, Tesla Stock, TeslaInitialPublicOffering, TeslaIpo, TeslaModelS, TeslaRoadster, TeslaStock

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Tesla files with the feds for IPO was originally published by AutoblogGreen. Read the full story by clicking here.