Tesla (TSLA) is expected to showcase its next generation Roadster this weekend at the Goodwood Festival of Speed in the UK. The Tesla Roadster 2.5 appears to feature just incremental improvements such as better sound proofing, a touch navigation screen and improved seat comfort. They began selling the new version this week and have begun delivering to customers.
The UK just loves the Roadster! In the UK, companies that purchase a Roadster are allowed to … Read the rest
All the hype around Tesla Motors (TSLA) appears to have investors clamoring for a piece as the company increased the share offering by 20% and priced at $17/share which is higher than the expected range of $14 – 16, raising nearly $50 million more than expected. Elon Musk must be a very happy man this morning.
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Now that the IPO is behind them and a smashing … Read the rest
I don’t often agree with Jim Cramer’s recommendation of when to enter or exit a position, but I think he’s spot on in regards to the Tesla IPO which begins trading next week under the ticker TSLA. This is a company that is currently all hype and hope. While the company has some big names behind it including “the taxpayer”, success is far from guaranteed and profits will be a good 3 years away only … Read the rest
The CBOE IPO is the hot IPO on everyone’s radar today, but in a couple weeks all eyes will be on the Tesla Motors IPO. The much hyped electric car maker with big name investors such as the Google founders, the Abu Dhabi government, Daimler and even the US government behind it, hopes to raise another $178 million through the IPO. Toyota Motors (TM) will inject another $50 million in the stock upon a successful … Read the rest