What else might affect the IPO? The fact that Tesla CEO Elon Musk is going through a divorce trial that started today. Tesla spokesperson Ricardo Reyes told Venture Beat, "We don't expect the case to have an impact on the S-1 filing." But the divorce filing could impact Tesla (and Musk's other companies, Space X and SolarCity) because Musk could lose a "significant portion" of his Tesla shares to his wife (they separated in 2008) thanks to California's community property laws. Tesla's DOE loan could also go into default if Musk loses control of his shares. There are more details over at Venture Beat and you can find Musk's divorce filings after the jump, but this is one ride that's not over yet.All in all, while Tesla is a blockbuster brand and a much anticipated name on the street, it is unlikely to be a "blockbuster" IPO or cleantech's "Netscape moment". This one looks more like a public financing event that will provide the company with easy access to the additional funding they will need for the next few years to complete the Model S and gives existing investors an opportunity to get liquid after a pretty wild ride in the past few years.
[Source: Darryl Siry, Venture Beat]
Case file: Elon and Justine Musk Divorce Trial -