[caption id="attachment_2466" align="alignleft" width="300" caption="Tesla Model S Photo: Caroline McCarthy/CNET"]
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Rumors are circling that Tesla is preparing an IPO, although no one at Tesla is yet talking.
More details at:
Electric-car maker Tesla preparing IPO
"Tesla would mark the first public offering from a U.S. Augmentin 825, automaker since Henry Ford's Ford Motor debuted its shares in 1956. The IPO represents a landmark in the resurgence of electric-car technology that most carmakers had dismissed as impractical until recently.The company's chairman Elon Musk said early last year that an IPO was a possibility in either late 2008 or 2009."
Here is the full text of the article, augmentin for ear infections, in case the link goes bad:
http://news.cnet.com/8301-11128_3-10402752-54.html
Electric-car maker Tesla preparing IPO
by Reuters
U.S. electric-car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles, augmentin 625mg tablets. Augmentin 825 mg, An IPO filing from the 6-year-old start-up, best known for its $109,000 all-electric Roadster, augmentin 600 mg, is expected any day, Augmentin for ear infection, said one of the sources. The person did not give a specific time frame, although IPOs typically take several months, augmentin for tooth abscess.
Tesla spokesman Ricardo Reyes declined to comment on what he called "rumor or speculation."
Tesla Model S
Tesla Model S
(Credit: Caroline McCarthy/CNET)
Tesla would mark the first public offering from a U.S. Generic augmentin 875, automaker since Henry Ford's Ford Motor debuted its shares in 1956. Augmentin 625mg tablets, The IPO represents a landmark in the resurgence of electric-car technology that most carmakers had dismissed as impractical until recently.
The company's chairman Elon Musk said early last year that an IPO was a possibility in either late 2008 or 2009.
But the financial market turmoil following the collapse of Lehman Bros, augmentin 750 mg. in the latter half of 2008 virtually shut down the IPO market. Augmentin 800 mg, The appetite for IPOs has picked up since mid-September this year with a robust pace of new filings.
Tesla's IPO would follow the successful debut of lithium ion battery maker A123 Systems, whose shares rallied 50 percent on their first day of trading on September 25, augmentin 625mg tablets.
Analysts have said that the success of A123, the first green-technology IPO this year, augmentin gram negative, would encourage more venture capital-backed green companies to go public. Augmentin 375 mg, Tesla will compete with established automakers like Ford, General Motors, and Nissan Motor, augmentin 375, all of which are racing to launch electric or plug-in hybrid vehicles. Augmentin and birth control pills, Tesla, by contrast, is a small player with a high-end market and limited production, augmentin 750.
A combination of factors has driven the recent interest in developing electric, Augmentin 875-125 mg, or partially electric vehicles, including the Obama administration's push to have 1 million rechargeable vehicles on U.S. Augmentin 625mg tablets, roads by 2015 and low-cost Department of Energy loans for manufacturers.
Venture funds back green cars
The carmaker is developing a second, augmentin 800, lower-cost model, Buy cheap generic augmentin online, an electric sedan known as the Model S, which will have a base price of $49,900, augmentin 875 mg price.
Tesla said in September it delivered 700 Roadsters since February 2008. Augmentin xr 1000 mg, The Roadster, which is built on a Lotus frame, can go from 0 to 60 miles an hour in less than four seconds, augmentin for tooth infection, making it faster than a Porsche 911 or a Ferrari Spider. Augmentin 625 duo, The electric-car start-up was offered $465 million in low-cost loans by the U.S. Department of Energy to help build the new Model S, augmentin 625mg tablets. Tesla said it will build the new car in California.
Tesla's investors include Google co-founders Sergey Brin and Larry Page, augmentin 825 mg.
Other investors include Daimler; Abu Dhabi-based Aabar Investments, Augmentin 825, which owns a stake in Daimler; and venture capital funds Valor Equity Partners, Technology Partners, The Westly Group, augmentin 800 mg, and Compass Venture Partners. Augmentin for ear infection, Tesla said it had achieved overall corporate profitability in July with about $1 million of earnings on revenue of $20 million.
But like established automakers, survival in the hyper-competitive U.S. automotive market has not been easy for Tesla. The company had to face cost overruns and production delays for the Roadster.
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2 Comments
This is SUCH good news! After watching “Who killed the electric car” just recently, it made me angry and hopeless at the same time that we would see any company be able to escape the grip of the Auto and Oil industry. I am a conservative Republican and was annoyed by a couple of things in the movie, but I think we can ALL come together on this important issue and buck the oil/auto companies for the better good of the consumer for once. This announcement has given me a small glimmer of hope that we won’t be stuck playing by their rules for the rest of my life.
Thanks for sharing this interesting article. Although I do not know too much about cars, but I think the idea of electric car is definitely greener.
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