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IPO Or Not, Tesla Won't Survive As Independent, Analysts Say

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Old Jun 30, 2010 | 04:40 PM
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Default IPO Or Not, Tesla Won't Survive As Independent, Analysts Say

Quick, name the last automaker to go public before yesterday's Tesla Motors IPO. Stumped? It was Ford Motor Company. The year was 1956. Perhaps buyers of Tesla Motors stock [NSDQ:TSLA] were optimistic because they had little context to assess the comapny. Tesla's stock soared from its offering price of $17 to close at $23.89 by the end of...

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Last edited by Jazz; Jun 30, 2010 at 06:39 PM.
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