Tesla, future manufacturer of the 109 thousand dollar electric powered Tesla roadster that bears a striking resemblance to the new Lotus Evora, went public today with their IPO priced at around 17 bucks a share. Many investors took advantage of this opportunity and drove the price of this electric car manufacturer’s stock up to a final resting place of $23.89, which is a gain of $6.89 per share or 40.53% for TSLA.
Tesla raised over 200 million dollars today. They have already made plans to produce their cars at Toyota’s old NUMMI car manufacturing facility in Fremont, CA. As of today, this plant has shut down because of all the negative press that Toyota has received. Toyota is still getting complaints about their cars going crazy and putting their owner’s as well as other people on the road including pedestrians lives at risk today. In the San Francisco Bay Area, one woman reported that her Toyota Highlander went out of control even though it was not on the recall list.
automotive