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Tesla IPO
Old 02-06-2008, 04:00 PM   #1
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Tesla IPO

Reuters article on possible timing of a Tesla IPO, partnership on Bluestar.

Also mentions there are 900 Roadster reservations so far.

UPDATE 1-Tesla Motors says may go public this year or next | Deals | IPOs | Reuters
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Old 02-06-2008, 06:24 PM   #2
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Well that was a lot of information in a brief article. Possible alliance(s) with other auto makers, IPOs, and changing the name of Whitestar. Where to begin...

We already know Musk and the VCs plan on making their bundle with the IPO. But what about the joint venture possibilities? I'd like a Ford or Chrysler to license the EV aspect or flat out buy a 49% stake.
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Old 02-07-2008, 11:18 PM   #3
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Originally Posted by DDB View Post
We already know Musk and the VCs plan on making their bundle with the IPO. But what about the joint venture possibilities? I'd like a Ford or Chrysler to license the EV aspect or flat out buy a 49% stake.
Seems that's the general reponse from the blogs, that Musk & the VCs will sell out the company. Don't know if that's what's best for the company, but I still like it better if they stay independent at least from the large auto companies, as I think if they succeed, Tesla may one day best even those large companies.

Here it doesn't say that they will be developing the Bluestar along with the Whitestar, as we have heard before. That maybe too quick of a pace esp. when the Roadsters haven't really been delivered yet. We still haven't heard much about the progress on the Whitestar, but the $50,000 to $60,000 price is reaffirmed, though it doesn't mean much as they might have to raise the price later on (like they did with the roadster).

"Musk also said the company may partner with another company to develop a lower-cost electric car."
Not sure what this quote is referring to, but it makes sense that they may partner another company to develop either the Whitestar or Bluestar (though not so much with the Whitestar since they said that they wanted to build their own factory for it).
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Tesla IPO
Old 05-17-2008, 01:50 PM   #4
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Tesla IPO

Elon Musk talks Tesla IPO, funding | Green Tech - CNET News.com

Quote:
Elon Musk, the chairman and major funder of Tesla Motors, said here Saturday that he plans to take his electric sports car company public by the end of 2008.

Last edited by doug; 05-18-2008 at 01:26 PM..
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Old 05-17-2008, 03:04 PM   #5
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Quote:
"We are trying to figure out if there's a way for Tesla customers to invest in that (series E) round...but we want to make sure we don't step on any legal landmines,"
I think a customer had asked about this in the last town hall meeting.




ABG link:
Elon Musk talks about Tesla financing plans - AutoblogGreen

Last edited by doug; 05-18-2008 at 06:59 AM.. Reason: added ABG link
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Old 05-19-2008, 10:21 AM   #6
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It will be interesting to see the reception on Wall Street. Most of the hot money won't be willing to buy into something that could take 2-3 years to gain traction. On the other hand, $100M isn't out of range of enthusiasts.
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Old 05-19-2008, 10:45 AM   #7
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On the other hand, $100M isn't out of range of enthusiasts.
I agree but if Tesla needs the money to make a REEV whilst larger automakers are also making REEVs, is there going to be enough in Tesla's plans for Whitestar to engage the enthusiasts?

I'm sure Elon is charismatic and persuasive - but I guess so is Henrick Fisker. Then there's Maximum Bob - who doesn't need to be charismatic or persuasive - he can just subsidise the Volt to drive similar products out of the market.

"What makes Whitestar different?" is the crucial question. And of course, that means different for non-EV nerds to understand.

Edited to add: More performance hybrids: Is the Nissan 200SX coming back as a hybrid before turning electric? - AutoblogGreen

Nissan's EV/REEV options: Nissan hedges all-electric bet with range extender option - AutoblogGreen

The marketplace is going to get more crowded/confusing.

Last edited by malcolm; 05-19-2008 at 11:31 AM..
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Old 05-19-2008, 11:31 AM   #8
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I keep going back to the same premise...stick to what they know; EVs. I do not think TM can afford to wait for the development of an E-REV. How difficult can the Whitestar be after the Roadster? The battery pack is done; the drivetrain 1.5 is done... Slap that puppy together and get moving already with a BEV!
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Old 05-19-2008, 11:56 AM   #9
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Slap that puppy together and get moving already with a BEV!
I know. Gas is already at $4. Stop pissing about. The world does not need yet another hybrid.

Winners and losers in the age of $4+/gallon gasoline - AutoblogGreen
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Old 06-01-2008, 11:30 AM   #10
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Video from the TiE conference here.
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