July 06, 2010
Tesla Motors, a manufacturer of highway-capable fully electric vehicles and electric vehicle powertrain components, recently announced its initial public offering of 13,300,000 shares of its common stock at a price to the public of $17.00 per share. After this record breaking new IPO Green Automotive Company, an import/distributor of Electric Cars/SUV's to North America, has claimed that they are in hot pursuit of Tesla.