Initial Public Offering

Tesla has officially filed for an initial public offering of up to $100 million after being in the business of manufacturing electric vehicles for just on six years. The California-based automaker is hoping to cash in on a resurgence in the popular of electric vehicles, and together with its Department of Energy funding is now well-poised to start building and selling its second model, the Model S sedan. The only official word from Tesla is that the company has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its...