Tesla Motors IPO Set for June 29

25 Мар 2014 | Author: | Комментарии к записи Tesla Motors IPO Set for June 29 отключены
Tesla Motors Electric Cars

Tesla Motors IPO Set for June 29

Investors Need to Know this Electric Car IPO

Parked the shade of a solid Red Oak in a Whole parking lot, a radiant red Roadster caught my eye.

electric and boasting a solid of 245 miles on a single charge, a huge fan and have contemplated one for myself in the very near

But after getting a peek at the Model S sedan, I’m about holding off until start delivering this with a 300-mile range in

This is the vehicle that announced it will now be manufacturing in thanks to a $465 million from the Department of Energy.

also announced earlier year that it would be public. The company plans to 11.1 million shares $14 and $16 a share on June 29 with $50 of the stock immediately being to Toyota.

You may recall that, last month, Toyota it wanted a piece of the electric car for $50 million.

Toyota reps they hope the combination of the expertise in innovation and Tesla’s skills would help efforts in making alternative vehicles.

There’s been a lot of hype the past few months about IPO. After all, major hurdles, the folks at Tesla produced a real with the Roadster.

Until the came along, most saw electric cars as nothing than glorified golf And the major automakers certainly little effort to disprove image.

But Tesla did not accept the quo of mediocrity and complacency. And their work should be applauded by environmentalists and forward-thinking investors.

Of a lot has changed since the Tesla first started turning

Today, we’re getting to see GM deliver the Chevy Volt and (NSANY.PK) deliver the all-electric not to mention pretty much other major automaker has an vehicle planned for a debut the next 3 to 5 years.

Even if you the early stages of electric development (cost, battery etc.), make no mistake it electric vehicles represent the evolution of personal transportation.

And investors are eager to get a piece of burgeoning market.

But is Tesla the way to go?

no doubt that an electric IPO can put the asses in the seats.

Back in 2009, high-performance battery A123 Systems (NASDAQ: soared more than 50% on its day, and kept heading in the days that followed. For a lot of it looked like A123 was

But around late January, started to set in. What once a high of $28.20 fell to well below $10 a share.

the stock’s going for about and has fallen to as low as $7.50.

Blind gave way to the sobering reminder the company has never really profitable and has a boatload of competition around bend.

Don’t get me A123 does have its major deals with manufacturers and utilities; some impressive backing (private and government support); technology could make it a major in a very short amount of

So make no mistake: I am by no means the stock, and in fact I think at levels it is trading closer to it should be. Anything below is a very attractive entry right now.

Moving on to the Tesla IPO.

we see a repeat of the A123 story?

to say.

Despite the exceptional Tesla has received over the couple of years, I don’t we’re seeing the same of early hype that we saw A123. Moreover, Tesla’s public at a time where the market can be very unkind to the

Yes, Tesla is no longer a and its success in bringing the Roadster to the of the transportation conversation was a major because they had the bite to up that bark.

But the fact is the posted a net loss of nearly $30 last quarter and profitability is not the corner.

What’s worse, going public at a time some very notable energy IPOs are getting

Citing “ongoing uncertainties in the capital markets,” Solyndra its plans to go public and instead to raise $175 million by secured convertible notes to investors.

And Chinese wind turbine Xinjiang Goldwind Science also recently pulled its IPO, due to volatile market

Tesla Motors Electric Cars

Basically, the Tesla IPO (which trade under the symbol on the NASDAQ), will be swimming against a very hostile and broader market.

It will be the focus of many bearish from both reputable in the space and your typical who still haven’t figured out you can actually make a lot of money in energy. It really is quite to watch “investors” choose and social philosophy over

Nonetheless, I think anyone who Tesla out at this early of the game could be in for a surprise.

I don’t see how Tesla can maintain the $14 to $16 they’re putting on this As much as I love the company, hard to justify that of price tag for this stock.

this is also not a company should be counted out before even get out of the gate.

Consider Tesla’s Roadster debuted at a Monica airplane hangar in At that time, hardly was talking about electric and most who were thought for that this little would get crushed under the of GM, Toyota, and Ford.

But that didn’t happen.

And I can you that there were of suits in Detroit, perched on overpriced leather chairs, forward to watching Tesla miserably.

Today, the suits in (after the taxpayers bailed out failing companies), are building own electric cars in their

It’s the beginning of something very big. And Tesla all the odds that were against them nearly years ago has successfully evolved and

To assume that such a would fail now, the marketplace is actually less than it was five years is not a safe assumption to make.

I have no doubt that stock may be able to shoot out of the but it’ll lose steam Although when it does, we see a more appropriate price for the And it is then that we can re-evaluate.

one thing’s for sure: If there’s any that can thrive in a negative, environment, it’s this

We’ll have more on in the coming months.

Until if you’re looking for a solid vehicle play now, out this little Chinese that’s manufacturing both cars and the high-performance batteries for electric cars.

To a new way of life and a new of wealth.


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