Posts Tagged ‘Tesla’

NASDAQ Loves Tesla

In the first U.S. automotive Initial Public Offering of stock since Ford in 1956, Tesla’s IPO on Tuesday, June 29, yielded more than $200 million from a sale of 11.88 million shares. The stock opened at $19 a share, already 12 percent above the offer price of $17. It closed the next day at $24, having reached as high as $30.42.

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