by Josie Garthwaite on June 29, 2010
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Tesla Motors delivered a solid Nasdaq debut on Tuesday amid a tumbling global market, with the electric car maker’s stock opening at $19 a share, or 12 percent above the $17 per share offer price. That price represented a jump from the previously estimated range of $14-$16 per share. Tesla’s stock pulled back to $17.62 per share by late morning, but had zoomed upwards of $20 per share by around 2:30 pm EST.
The Dow Jones Industrial Average had shed more than 263 points or 2.6 percent this afternoon, dropping below 10,000 points for the first time in more than two weeks MarketWatch reports, while the Nasdaq Composite Index fell about 72 points or 3.25 percent. The S&P 500 lost more than 32 points or Continue reading
by Josie Garthwaite on June 22, 2010
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Tesla Motors, the Silicon Valley electric car startup gunning to raise $185 million next week through an IPO and sales of shares to Toyota, has won over members of the Silicon Valley, Capitol Hill and Hollywood elite. But will the company, which has ne… Continue reading
by Katie Fehrenbacher on February 1, 2010
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Electric vehicle startup Tesla’s IPO-filing last Friday provided industry-watchers with the first real glimpse behind the company’s hip brand and high-profile PR. What they saw wasn’t as pretty as the image: a company that’s lost $236.4 million… Continue reading
by Josie Garthwaite on January 31, 2010
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Tesla Motors, by filing on Friday for a long-awaited initial public offering, has unleashed a flood of facts and figures about its business, strategy, future plans and more than a few challenges.
In the hours after the 7-year-old startup first filed i… Continue reading
Tesla Motors delivered a solid Nasdaq debut on Tuesday amid a tumbling global market, with the electric car maker’s stock opening at $19 a share, or 12 percent above the $17 per share offer price. That price represented a jump from the previously estimated range of $14-$16 per share. Tesla’s stock pulled back to $17.62 per share by late morning, but had zoomed upwards of $20 per share by around 2:30 pm EST.
