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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
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Perhaps buyers of Tesla Motors stock [NSDQ] were optimistic because they had little context to assess the comapny. Tesla's stock soared from its offering price of $17 to close at $23.89 by the end of yesterday, meaning Tesla Motors is now worth $2.2 billion.
http://www.greencarreports.com/blog/1046569_ipo-or-not-tesla-wont-survive-as-independent-analysts-say