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Timing is everything: Tesla Motors goes public
Tesla Motors has recently made an ice-breaking step into the business world by becoming publicly traded. Tesla boasts itself as being a break-through company because it is offering high performance vehicles that primarily rely on battery power. Tesla has introduced the Roadster, which is another animal compared to the hybrid vehicles by Toyota parts and Honda parts because it is an even more “green” option than these vehicles and has stronger performance at a luxury level.
But, more importantly, what does the future for Tesla Motors hold? The buzz has officially begun and the company is now being publicly traded. However, a great portion of investors do have doubts about the company’s potential because it is already hundreds of millions of dollars in debt. Furthermore, speculations have been made about the battery’s credibility and the vehicle’s internal structure.
Yes, going “green” seems to be trend recently. But is the political pressure of going “green” really strong enough to influence consumers to spend over 100k on a vehicle in such a weak economy? We shall see. Tesla looks forward to releasing vehicles at lower price points in the near future, which should help their sales and influence other competitors to add value to their brand through “green” car features.