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Tesla Boosts IPO Shares Day before Trading


It’s looking like investor interest in Tesla Motors might be stronger than originally expected as the number of shares to be made publicly available tomorrow was increased by 20% to 13.3 million.

Tesla maintains that it expects shares to sell for around $14 – $16 which could raise up to $200 million on its IPO. This will go along way to making sure that the Tesla Model S electric car (pictured above) sees the marketplace. The finalized Tesla stock prices should be announced tonight with the IPO hitting the ground Tuesday morning at 9:20AM EST.

The Tesla Motors stock will trade as TSLA on the NASDAQ. Will you be buying Tesla stock? Let us know in the comments section.

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