From: Buster Norris on 29 Jun 2010 20:42 On Tue, 29 Jun 2010 00:43:44 -0700 (PDT), Neo <residualselfimage1999(a)gmail.com> wrote: >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." http://www.teslamotors.com/media/press_room.php?id=2509 > > >On Jun 28, 1:02�am, "Speeders & Drunk Drivers Are Murderers" ><threeb...(a)yahoo.com> wrote: >> http://www.nytimes.com/2010/06/28/business/28tesla.html?src=busln >> >> 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.
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