NwWlth

11.23.2009


So I missed this on Friday due to being insanely checked out (not unusual) but a company I really respect http://www.teslamotors.com/ is being rumored to be taken public. They are the maker of working and functional electric cars, something the Detroit boys have never figured out. They are working on a 30k sedan and I would be huge proponent of them going public with the production of it being the intention for the $. Could be big, with a working affordable electric cars being huge catalyst to ending foreign dependence on oil, saving the environment, yadda yadda yadda. But we should give more tax-payer  money to GM. I agree. Let them catch up. Phhssst.

Official reuters story: http://www.reuters.com/article/rbssTechMediaTelecomNews/idUSWEN683620091120

 Related: http://newwealth.blogspot.com/2009/10/fail.html