The new is almost historical. For the first time in 54 years an American car manufacturer is making its IPO (June 29 is mentioned). And for the first time, it is a 100% electric models manufacturer, so Tesla Motors. Among the latest figures available as to the accounts of Tesla, recall that according to documents submitted to U.S. securities regulators, the manufacturer would have generated a turnover of 108.2 million dollars since its inception in 2003 and posted a budget deficit amounting to over 236 million in September 30. According to preliminary figures available, it evokes some 11.1 million shares offered at a price of about $ 16, representing a total of $ 177.6 million.
If investors interest follows, additional shares may be put on the market for a total of 204 million dollars. The automaker specified the shares which would be introduced on the Nasdaq, corresponded to approximately 12.1% of the firm asset (about $ 1.5 billion then).
Primarily the funds raised should be used to finance investments, and in primarily the acquisition of the NUMMI plant in California (former GM / Toyota). Alongside, this operation should also allow to Toyota to make its entry into the capital of the "small" Californian manufacturer.
For Tesla, the announcement falls well, the group having funds from the loan of 465 million dollars granted by the U.S. government, will have enough to reassure financial markets until the future sedan S.
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