Tesla Looking to Make I.P.O.

Tesla has filed with the federal government in hopes of making an initial public offering of Tesla stock. The first I.P.O. filing from an American car company since Henry Ford filled out the same paperwork in 1956, the Tesla offering is, as yet, an unknown quantity.

Having sold fewer than 1,000 of their pricey, Lotus-based Roadsters, Tesla has recently taken 2,000 orders for the Model S sedan, making them one of the largest electric vehicle manufacturers in the market. However, with GM set to begin sales of the hotly anticipated Volt in the coming year, there’s no way to tell what the future holds for tiny Tesla.

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