Tesla electric car IPO a success
I bet I know a fella in Mebane who’s watching this with interest…
Tesla Motors got off to a flying start on Wall Street on Tuesday as shares in the US electric carmaker soared more than 40 percent over its initial public offering price.
Shares in Tesla, the first US auto manufacturer to go public since Ford in 1956, gained 6.89 dollars, or 40.5 percent, to close at 23.89 dollars</em>.
Read more about the Tesla here.