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TSLA News

NIO, the Tesla of China, sets terms for $1.2 billion US IPO

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NIO, a China-based producer of high-performance electric vehicles, announced terms for its IPO on Tuesday. The Shanghai, China-based company plans to raise $1.2 billion by offering 160 million shares at a price range of $6.25 to $8.25. At the midpoint of...read more

The Tesla of China, NIO, files for a $1.8 billion US IPO

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NIO, a China-based producer of high-performing electric vehicles and competitor to Tesla, filed on Monday with the SEC to raise up to $1.8 billion in an initial public offering. The Shanghai, China-based company was founded in 2014 and booked $7 million in...read more

Three wheeling: Elio Motors files for a $100 million IPO

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Elio Motors, which is developing fuel-efficient three-wheeled vehicles, filed on Thursday with the SEC to raise up to $100 million in an initial public offering on the Nasdaq. Elio raised $16 million in a Regulation A offering in February 2016 and is...read more

Tesla Motors quiet period ends August 7

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Tesla Motors, which manufactures high-performance electric vehicles and powertrain components, will see its quiet period end on Saturday, August 7th. On June 28th, the company raised $226 million by offering 13.3 million shares at $17, above the range of...read more