Tesla Motors Ipo Paper

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IPO Paper Identify the company and its industry. Tesla Motors (TSLA) was created in 2003 to design, manufacture, and sell electric vehicles and powertrain components for them. The company develops Li-Ion battery systems and sells them to other automotive manufactures. Tesla Roadster was the first vehicle introduced in 2008, it was able to accelerate from 0 to 60 miles per hour in 3.9 seconds, and produced zero emissions. This innovative electric car used lithium-ion-batteries to drive 200 miles on one charge. Tesla Motors was the first company to begin producing pure electrical vehicles on a commercial scale. The electrical cars produced by Tesla are safe for environment without compromising driving performance and attractive design. In addition to manufacturing, the company sells and services the vehicles through their sales and service network. This is different from the traditional automobile companies who typically franchise their sales and services. The traditional automobile manufactures keep producing gasoline-powered internal combustion engines which raised environmental concerns, creating dependence on oil and exposed consumers to volatile fuel prices. In addition, developing and investing resources in gasoline-powered engine slows the development alternative fuel powertrain technologies. Discuss important financial and other facts about the company from its SEC filings. Tesla Motors filed form S-1 with the Securities and Exchange Commission on January 29, 2010. In the financial statement ending December 31, 2008, Tesla reported a $78.5 million loss on $14.8 million in revenue. During the 9 months of 2009 Tesla narrowed its losses to $28.9 on $93.4 million in revenue. Most of Tesla’s revenues were generated through sales in the United States; the income came from outside of the United States only in the third quarter of 2009 and represented

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