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AutoBlog: REPORT: Tesla Motors planning IPO "soon"

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Filed under: Earnings/Financials, Tesla, Electric

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Tesla Roadster - Click above for high-res image gallery

Rumors about Tesla's plan to go public have been circulating since 2008, but a down stock market seemed to put a damper on the start-up's IPO. Now, the word on the street from Reuters is that Tesla is planning to go public "soon." When might that be, exactly? Who knows. A source told Reuters it could happen "any day," but Stephan Dolezalek, managing director of VantagePoint Venture Partners and a Tesla investor, said in September that it's unlikely to happen in 2009.

For its part, Tesla continues to offer little guidance on the report other than to dismiss it as "rumor or speculation." We shall see...



[source: Reuters]

REPORT: Tesla Motors planning IPO "soon" originally appeared on Autoblog on Fri, 20 Nov 2009 15:30:00 EST. Please see our terms for use of feeds.

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