Tesla Motors IPO: Stock Price and Future

By Jamie Pert - Jul 6, 2010

Roughly one week ago Tesla Motors saw its IPO hit the stock market, initially stock prices shot up, however we are now hearing that their stock prices are beginning to plummet.

In its first day of trading stock shot up by over 40%, this resulted in stocks eventually reaching a price of $25, which was a large jump from the initial $17 price, we are now hearing that prices have fallen to just over $19.

The fall in price is not a huge shock, and enthusiast believe the BP oil spill and rising energy costs will eventually result in higher demand in the electric car market.

The main problem at the moment is that these electric cars have a six figure price tag, however investors are hoping that Tesla will soon develop a more affordable model, which could perhaps rocket the company’s share price.

There is no question that investing in Tesla Motors is a huge risk, however it could potentially become the best investment you have ever made.

If you would like to see an in-depth look into the many hurdles Tesla must overcome to become successful I would recommend checking out ProActiveInvestors’s fully detailed article, the source link below is also well-worth reading.

Do you think it is worth investing in Tesla Motors?

Source: BusinessandFinance

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Also See: New Tesla Model S update now outperforms McLaren P1 to 60 MPH

  • Cliffard

    I live in the monterey erea , when is the next time i would like to it close up.