Tesla Motors Files S-1

Published on 29 January 2010 by in News

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PrintThis is encouraging that we are seeing another potential IPO to drive more liquidity to investors in the cleantech space and that we should get more public finacial support for a new generation of energy efficient vehicles which we desperately need.

PALO ALTO, CA. – Tesla Motors, Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its common stock. Tesla Motors designs, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. The number of shares to be offered and the price range for the offering have not yet been determined.

Goldman, Sachs & Co., Morgan Stanley, J.P. Morgan and Deutsche Bank Securities are acting as the joint book-running managers for the offering.

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