From: Buster Norris on 29 Jun 2010 20:42
On Tue, 29 Jun 2010 00:43:44 -0700 (PDT), Neo
>Toyota Motors has an agreement with Tesla to
>purchase a signficant percentage of Tesla's
>initial public offering of stock so that may
>limit the number of stock issues that
>is available for sale to the public and
>also help stablize the price of Tesla's
>stock -- atleast temporarily.
"The two companies intend to form a specialist team to further those
efforts. TMC has agreed to purchase $50 million of Tesla�s common
stock issued in a private placement to close immediately subsequent to
the closing of Tesla�s currently planned initial public offering."
>On Jun 28, 1:02�am, "Speeders & Drunk Drivers Are Murderers"
>> With First Share Offering, Tesla Bets on Electric Car�s Future
>> By THE ASSOCIATED PRESS
>> Published: June 27, 2010
>> As Tesla Motors begins selling stock to the public on Tuesday, the
>> offering�s success depends on how much investors are willing to bet on
>> a car company that has never made a profit and expects to lose money
>> until at least 2012.