Tesla is working on its IPO, says Reuters citing two sources. Those sources say we can expect a filing any day.
It should be interesting. It has one car, the $100,000+ Roadster. It’s working on a more affordable sedan, but it is still years away. It also has a deal with Daimler for electric smart cars.
In July, the company turned a profit for the first time in its history. (That doesn’t mean it’s remained profitable afterwards.)
In the private market, the company was being valued at $1 billion in June.
The company has promised an IPO in the past, we’ll see if it delivers this time.
See Also: Our Awesome Tesla Adventure In NYC
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