Tesla Motors Elon Musk
So, Tesla's long-awaited IPO is due next week, and there's a lot of chatter about whether to invest or not. Considering this is the first automotive company IPO in ages, this particular offering is getting noticed by people who might otherwise not be paying attention. We're still not going to tell you whether to put your money into Tesla or not, but we <
It's no secret that Tesla's chief executive officer Elon Musk is experiencing some difficulties right now. From the messy divorce to reports that he's broke, Musk has recently made headlines for Eric Loveday
The other day, the Wall Street Journal reported that Tesla Motors "incurred a net loss of $29.5 million in the first quarter" of 2010, adding to a total net loss since its founding of "about $290.2 million." Of course, we can't forget that CEO Elon Musk recently said he was broke. None of this
Diving into an extremely competitive and capital-intensive business in which customers generally don't appreciate having access to beta products is not a good way to enhance your personal fortune. In fact, if Elon Musk is being honest in the latest court filings related to his divorce proceedings, it looks like a great way to vaporize a fortune.