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'Motley Fool' Commentary Also Worries About Lack of Public EV Charging System
 

Tesla Motors has long talked about taking its stock public as part of its growth plan, but present economic conditions haven't been particularly conducive to an initial public offering.

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Tesla Model S is slated for production in 2011.
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Add to that the growth of potential competitors to Tesla's promised Model S mainstream EV and the perceived difficulties in selling cars that need to be recharged without a nationwide recharging system to service them and the IPO road ahead is looking particularly bumpy to the Motley Fool investment advice site.


The report, first spotted by Autoblog Green, says that a Tesla IPO should be a no-brainer. It's a green company with one green car on the streets - the $109,000 Roadster - and another on the starting blocks - the $57,500 (before tax credits) Model S sedan slated for 2011 production. It's processes are in place and it looks ready to go at the start of a green revolution in the American auto industry.


But "Fool's" piece suggests that despite its green glow, investors might be wary of Tesla on several grounds right now - if the company does launch an initial public offering, something it hasn't committed to.
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Tags: Ford, General Motors, Opinion, Plug-ins and Electric, Tesla, Toyota, EVs, Motely Fool Tesla Advice, Tesla IPO

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Bumpy Road Predicted for Rumored Tesla IPO as Competition Grows was originally published by Green Car Advisor. Read the full story by clicking here.