My dream would be for Tesla Motors to become the biggest and most-loved of the "big 4" US automakers, along with Toyota, Nissan, and GMFordysler. I respect the money, engineering, and guts it took to start that company.
I am conflicted in regards to situations like this one. For one, I am interested in invested in vehicles like this not just for the profit potential, but for what I feel is a genuine social / environmental good; at the same time, I hate the idea of being burned by putting principles before money; I continue to search for ways to make socially responsible investments that don't have the same risk profile as equity.<p>Thoughts?
Has anybody bought some today?<p>I'm also wondering how often an IPO does <i>not</i> go up on the first day(s). I'm not following this at all, but I remember Google's IPO where it seemed pretty obvious that a quick flip was guaranteed on the first days (even though it would have been smart to hold onto it).<p>I imagine that when Facebook does its IPO a similar excitement will bring prices up initially.
Remember the story about what you could have bought if you had invested such and such amount in apple stock in 2001?<p>Maybe one day I can buy one of these with the measly investment I made today. Or maybe my grandchildren.
Does anyone know if they declare the exact day of the IPO adhead of time? I knew the IPO was this week, but had a hard time figuring out what day for some reason. Either way I just got in at $24, lets hope this puppy still has some go in it.
I don't even know exactly what they are making, except really expensive electric cars. Are they working on cheaper electric cars, too? What are they doing that other car makers can't do?
somewhat related: am I the only one who would love to see Elon Musk and Dean Kamen get together, pool their brains and money, and make something like the Iron Man suit?