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LID ON THE KETTLE?

Discussion in 'Model S' started by bikergod, Jul 3, 2007.

  1. bikergod

    bikergod Member

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    Are big things brewing behind the scenes? We know that Tesla Motors will have to go public to produce the White Star, I wonder if serious negotiations are taking place right now. Any thoughts? (No half baked rumors please). 
     
  2. TEG

    TEG TMC Moderator

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    Martin seems to be a bit silent lately. He must be busy with something.
    (Maybe he took a vacation?)
     
  3. CEOswife

    CEOswife Member

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    Vacation? Ha Ha Ha. No way. The fact that the kids are away for three weeks, and I am still here should tell you something!
     
  4. Michael

    Michael Member

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    How do we know that? I don't remember reading anything to indicate this?

    Although I would love to be able to purchase stock in this company, I would hope that Tesla will remain private as long as possible to reduce the probability that they be subsumed by a vehicle manufacturer that decides to kill the Tesla as not being profitable enough to produce, or as too much competition for their existing line of business.
     
  5. Iz

    Iz EVs are here to stay

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    In addition to a vehicle manufacturer, there is also the possibility of an investor group made up of oil interests that could purchase a controlling stock interest. Even if the stock were non-voting they could still yield some influence.
     
  6. bikergod

    bikergod Member

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    Darry Siry says in this article that Tesla will have to go public to fund development of the sedan and construction of the New Mexico plant. What that means exactly I am not sure.
     
  7. TEG

    TEG TMC Moderator

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    bikergod's link is messed up, so here is one you can click
    "Whether the company has enough to fund development of a second car is unclear.
    Bloomberg reports the $45 million in new capital will also be used to finance the second model -- a four-door sedan.
    However, trade journal Automotive News, quoting a top Tesla executive, said the company will have to go public to produce the second car."

    Also, see this link
    "...Tesla must go public to fund development of the sedan and construction of a planned factory in New Mexico."
     
  8. bikergod

    bikergod Member

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    Thanks for the correct link TEG. I will figure out how to insert links properly yet. Anyway what do you make of the statement?
     
  9. DDB

    DDB Member

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    Private Equity seems to be big these days. Perhaps the possibility of talks like the ones going on between the Wall Street Journal and R. Murdock where the Journal keeps its "integrity" and family in power, just as it always has. :-\
     
  10. AGR

    AGR Member

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    The sooner Tesla starts delivering Roadsters to customers the better it will, I'm certain the folks at Tesla are aware of the urgency to start delivering Roadsters.
     
  11. TEG

    TEG TMC Moderator

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    I should have tried to get a job there! :eek:

    (I should have learned my lesson after ignoring all the "come work at Google, a pre-IPO company" they used to show on the slide projector at the Century theaters before movies).

    Or maybe DDB is right and they will keep getting private equity for a while longer.

    By the way, someone should see if Ken Fisher wants a Roadster (or an investment opportunity)!
     

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