Tesla Motors (TSLA), the first company to make production electric cars, went public yesterday, with the shares increasing substantially during the day. Shares were offered at $17 per share and closed at 23.89 yesterday. At the time this is being written, the shares are up again today. Goldman, Sachs & Co. (GS), Morgan Stanley (MS), J.P. Morgan (JPM) and Deutsche Bank Securities (DB) were the lead underwriters.
Showing posts with label Tesla Motors. Show all posts
Showing posts with label Tesla Motors. Show all posts
Wednesday, June 30, 2010
Wednesday, June 23, 2010
Tesla Motors Going Public
It looks like Tesla Motors may be going public soon. The company's S-1 and prospectus were submitted to the SEC back on January 29 of this year. Listed as underwriters are Goldman, Sachs & Co. (GS), Morgan Stanley (MS), J.P. Morgan (JPM), and Deutsche Bank Securities (DB).
The prospectus lists 39 pages of risk factors. No specific date is specified nor is any share price listed.
Monday, May 24, 2010
Toyota Invests in Tesla
Toyota Motors (TM) has agreed to invest $50 million in the electric car company, Tesla Motors. This is the second auto company to do so, as Daimler (DAI) had previously bought slightly less than 10% of the company.
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