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Tesla Motors Inc., the electric car company that has yet to post a profit, climbed as much as 12 per cent in trading a day after raising $226 million US in the first initial public offering of a U.S. carmaker in a half-century. Tesla, the maker of the $109,000 electric Roadster bought by actors Brad
Read more »Corn- and sugar-based biofuels are so 20th century, according to the findings of a new study published recently by Lux Research, called “Navigating Through Scale to Successful Exits: A Compass for Biofuel and Biomaterial Investors.” Brighter Planet reports that technologies relying on algae, bacteria and other processes are attracting investors who see the potential for
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Cars / Electric Vehicles
Tesla Has a Grand IPO, but the Road Ahead May Be Bumpy
- by Ami Cholia
Given that the US government wants to put one million electric vehicles on the road by 2015, this enthusiasm represents a turning point in the way hybrids and EVs are treated as the future of transportation in this country.
But while the IPO is good for early investors, the shares are going to be inconsistent in the long run.
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