watch obama take the GOP to school at a GOP retreat in Baltimore today -- i hope we can stop petty politics

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Tesla Files For $100 Million IPO

AP Tesla1

Elon Musk is inching closer to realizing his dream.

Tesla has filed for a $100 million IPO.

The company reports sales for the first three quarters of 2009 of $93.4 million.

Over the same period its net loss was $31.5 million, an improvement from the $57.3 million loss it had over the same period in 2008.

The underwriters are JP Morgan, Goldman Sachs and Morgan Stanley.

We're reading through the filing...

s1 tesla

hopefully this ignites the green movement for automobiles, batteries, etc...  i think this is going to be one of the sexiest IPO's of 2010...