Electric-sports car maker Tesla Motors plans to go public soon, Reuters reported today, citing two sources familiar with the matter said. An IPO filing from the six-year-old start-up, best known for its $109,000 all-electric, zero-emissions Roadster, is expected any day, the news agency quoted one of the sources as saying. The person did not give a specific time frame, although IPOs typically take several months. Tesla spokeswoman Rachel Konrad, in an interview with Green Car Advisor , declined to comment on what she called “rumor or speculation.” Tesla would mark the first public offering from a U.S. automaker since the Ford Motor Co. 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 …
Read more from the original source:
Reuters Reports Tesla Preparing an IPO; Electric-Car Maker Declines to Comment
Comments on this entry are closed.