Slashdot Mirror
Tesla IPO Raises $226 Million
An anonymous reader writes "Tesla, which will trade under TSLA on Nasdaq, has been priced at $17 per share, allowing the electric car start-up to raise more than $226 million in its IPO. Investors were expecting the share price target range to be between $14 and $16 but the overflow of excitement saw Tesla increase the number of shares it plans to offer to 13.3 million, nearly 20 percent more than originally planned." Reader hlovy contributes a link from Xconomy.com summarizing the skepticism among some analysts as to how much staying power TSLA will demonstrate.
I have to admit though I'm a little disappointed they didn't get the stock ticker COIL.
The enemies of Democracy are
Guys, I can buy a base-model Chevy Aveo for $9,000 new, or I can buy a Ferrari F458 for $200,000. I don't understand how Ferrari can compete.
Only the batteries are DC.
Well its been a while since I have seen any AC batteries, so I guess that's why they went with the DC ones.
I am Slashdot. Are you Slashdot as well?
Why would anyone want just another run of the mill "family car".
Obviously, there's a huge government conspiracy to make us think that people want "family cars". Heck, Wikipedia is claiming that a compact family sedan called the "Corolla" is the best selling car of all time.
If it's got > 2 functional seats, I ain't interested.
Sucker - I'm not interested unless it only has one functional seat and zero doors.