Tesla Motors Files for IPO...

motordavid · #1 01-29-2010, 06:44 PM

For all of you dear readers, with mattresses, basements and portfolio balances currently bulging with Cash, here is your chance to chase an IPO for Tesla Motors.
GL, mD

January 29, 2010, 4:55 PM ETTesla Motors Files for an IPO, By the Numbers

By Ari Weinberg

Tesla Motors, maker of the zero-emission Tesla Roadster, filed for a $100 million initial public offering on Friday evening. Coming on the heels of Ford’s rebound and Toyota’s mishaps, could now be the time?
Read the full filing here or browse our numbers:

937: Tesla Roadsters sold in 18 countries in 2009
181: Employees as of 12/31/09
38: Age of CEO Elon Musk
2,000: Customers who have put $5,000 for the forthcoming Model S four-door
$49,900: Expected price for the Model S, after $7,500 tax credit
$108,000,000: Revenue through 9/30/09.
$236,400,000: Accumulated deficit over 6 years.
$106,547,000: Cash and equivalents on 9/30/09.
$465,000,000:Loan facility from the United States Federal Financing Bank and the Department of Energy.

Named for oddball inventor/genius Nikola Tesla, Tesla motors is only company selling highway-capable electric vehicles to consumers in volume, according to a December story by The Journal’s Joe White. (By the way, he says driving the car “is like driving a plus-size go-kart.”)

In July, Germany’s Daimler said it would will sell 40% of its stake in electric-vehicles maker Tesla Motors Inc. to Abu Dhabi’s Aabar Investments PJSC. Daimler had bought nearly 10% of Tesla for an unspecified price — though Daimler said it was double-digit millions of euros — in May.

The CEO Musk is the top shareholder. But after him, the top holders are Blackstar Investco — 60% owned by Daimler North America and 40% by Aabar — the another Abu Dhabi firm, Al Wahada Capital, which is a unit of Abu Dhabi Water and Electricity Authority, and Vantage Point Venture Associates and Valor Equity Partners, according to SEC filings.

Tesla Motors Files for an IPO, By the Numbers - MarketBeat - WSJ

And, for you DD Fans...the Form S-1 SEC Filing:

Registration Statement on Form S-1