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Tesla IPO: What It Means for the Green Car Biz
- uptown 16y agoJalopnik has a more critical analysis of the IPO. http://jalopnik.com/5569882/inside-the-secret-178-million-tesla-ipo-presentation http://jalopnik.com/5569882/inside-the-secret-178-million-te... The IPO prospectus is available here: http://www.retailroadshow.com/roadshows.asp http://www.retailroadshow.com/roadshows.asp
- Tamerlin 16y agoThere are a few things in Jalopnik's analysis that I think are flawed. One, the Volt is crap. It only gets around 50mpg and has a 40 mile battery. It's only suitable for daily commuting. Two, the Japanese auto manufacturers used the model that Jalopnik pooh-poohed quite successfully -- they took a sizable loss leader, and took a large part of the market from the US auto industry. The difference was execution -- the American companies relied on patriotism to sell cars, the Japanese just built better (or more market-appropriate) cars.