Global Corporate Venturing analysis of Securities and Exchange Commission (SEC) filing reveals benefits to Daimler and Toyota from owning shares in US-based electric car maker Tesla Motors.
Tesla Motors, a US-based maker of electric vehicles backed by some of the world’s biggest car makers, is preparing to raise just more than $200m in its flotation after revealing its offer price in a regulatory filing.
The company will issue 10 million shares in its initial public offering (see link for SEC filing) on the Nasdaq stock exchange with its existing shareholders to place a further 1.1 million. The shares will be priced at between $14 and $16…