Tesla was able to raise over $226 million in their initial IPO of 11 million shares.  Tesla, which will use the ticker symbol of TSLA, expected share price to come in at $14-16 per share but the initial interest in the stock drove the price up to over $17 per share.  In response Tesla plans [...]

Kevin Rose broke the embargo on the new Model S pics.  The all electric five seater sedan is supposed to be on the road in the next year or so according to Tesla Motors.  The car certainly does look good.  I hope this is more than just vaporware.

It’s called the model S, and it’s going to compete with the Volt.  Although, with it’s $60,000 price tag maybe it won’t compete with the Volt all that much.  Billed as a luxury sedan, the Model S seats 5 people (the Volt only seats 4).  It’s price tag will put it still well out of [...]