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Tesla Takes Investors on Another Joy Ride
Tesla Motors of Palo Alto makes electric cars, and it's the first American automobile company to go public since the Ford Motor Company started selling shares in 1956. After yesterday's Initial Public Offering, Tesla stock surged from $17 to a peak of $30, and closed today around $24.
By Warren Olney • • 1 min readTesla Motors of Palo Alto makes electric cars, and it's the first American automobile company to go public since the Ford Motor Company started selling shares in 1956. After yesterday's Initial Public Offering, Tesla stock surged from $17 to a peak of $30, and closed today around $24. Tesla now makes a $109,000 electric Roadster, and plans to mass-produce a luxury model priced at $50,000, but it could be a long time before the company turns a profit.
The full episode
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Electric Cars and Political Scandal- 0:00Fiorina Tries to Liken Herself to Feinstein
- 7:44Tesla Takes Investors on Another Joy RideYou’re reading this
- 21:19Villaraigosa's Ticketpalooza
- 27:54More Federal Stimulus Spending or a Switch to Austerity?
The full episode
2 of 4Electric Cars and Political Scandal- 0:00Fiorina Tries to Liken Herself to Feinstein
- 7:44Tesla Takes Investors on Another Joy RideYou’re reading this
- 21:19Villaraigosa's Ticketpalooza
- 27:54More Federal Stimulus Spending or a Switch to Austerity?