More information has come out about Tesla Motors' plans for financing their future expansion. We already knew from statements by Chairman Elon Musk that the company was planning to go after an initial public offering within the next year or so. The Financial Times is now reporting that the company plans to raise a total of $250 million over the next two years to fund the final development of the WhiteStar and establish a manufacturing plant to turn out 10-20,000 of the electric sedans.
- Sam Abuelsamid
- Jan 30, 2008
It's a wild world out there on the interwebs, wtih a multitude of sources of information. Unfortunately the quality of those sources tends to vary quite a bit so it's a good idea to double check stuff. Then of course there are the old fashioned typos. We've been known to err on occasion (or sometimes more often) around here, and we do try to correct mistakes when they are found. Given that I've been unaware of a particular self proclaimed "car nut" until a few hours ago, I'll give him the benefi
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