Investments
Jun. 17, 2010
Tesla Plans To Raise $204 Million
Palo Alto-based electric sportscar maker Tesla Motors plans to sell 11.1 million shares in its initial public offering to raise a maximum of $204 million, according to documents filed Tuesday with the SEC.
Daily Journal Staff Writer
PALO ALTO - Palo Alto-based electric sportscar maker Tesla Motors plans to sell 11.1 million shares in its initial public offering to raise a maximum of $204 million, according to documents filed Tuesday with the Securities and Exchange Commission. That's up from the $100 million its initial filings cited in January. The proposed maximum offering price per share is $16. Ten million of the shares...
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