Tesla IPO Comes Back Down To Earth After One Week Of Trading, Outlook Gloomy

Most of us are probably more comfortable looking at a dyno graph than any sort of financial data, but believe it or not, the AutoGuide staff actually have interests outside of cars, and for some of us, that includes finance.

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Tesla Unveils Plans for Cabriolet, Crossover and Van in IPO Presentation

American electric car maker Tesla is about ready to launch its IPO and go from a small niche market automaker to possibly a large international electric vehicle powerhouse. But in order to make hat next big step CEO Elon Musk needs money, and lots of it. So before he opens up his company to the market, Musk is shopping it around, hoping to convince investors with a business model for the future.

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Tesla Releases IPO Details, Expects To Raise $185 Million

The end goal for most venture-capital financed start-ups is to issue an IPO and help get some money into the hands of those investors brave enough to give the company money at the early stages. Tesla Motors, perhaps the first Silicon Valley car company(and headed by Elon Musk, a former dot-com executive), is about to do just that, after filing papers with the Security and Exchange Commission, detailing terms of their IPO.

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Report: Tesla CEO Elon Musk Is Broke

At 38 years old, Elon Musk has already lived a life filled with more adventures and pitfalls than most of us can fathom. The founder of PayPal, Tesla Motors and SpaceX was also a one time owner of a McLaren F1, the holy grail of car collecting, and served as the inspiration for Tony Stark, aka Iron Man, in the latest films inspired by the Marvel Comic franchise.

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