Tesla22 Oct 2010 17:25
Tesla makes the Roadster - a rich boys toy which it is phasing out next year. It is developing the Model S electric family car which will not be for sale until 2012. It was incorporated in 2003 and made losses right up until last year when it posted a profit of $1m on $20m of revenue. This afternoon it is worth $1,930,000,000
Americans are terrified about oil security and their investors love related IPO's.
This whole game is about speculation, with or without facts.