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See my link above. "Tesla Motors Files For IPO - So Much For The Profits": http://blogs.wsj.com/venturecapital/2010/01/29/tesla-motors-files-for-ipo-so-much-fo

• jbooth 17y ago
  Your statement about VCs needs a citation. Maybe they think the IPO will raise more money for less equity. Maybe they want to do the IPO for other reasons. Given that they just got a big loan, I doubt they're down to their last 9 million. Unless they spent it all in a week. If you read the articles about them, they want to introduce another car model which will be a much higher volume business, involving a lot of capital expenditure up front to create the plant. That's a good reason to go IPO rather than another venture round. Higher dollars. And if you don't buy it? Fine, don't buy the stock. But what's your ax to grind here? Every capital intensive business, including a lot of valley darlings, went through a long money-losing period at the beginning while they ramped up design and production. This is standard. Why the long face?