Why Tesla Stock Will Be Bought Back By Elon Musk
Tesla (TSLA) is an American electric vehicle and clean energy company based in Austin, Texas, United States. Tesla designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. Tesla is one of the world’s most valuable companies and remains the most valuable automaker in the world with a market cap of nearly $1 trillion. On June 29, 2010, the company became a public company via an initial public offering (IPO) on NASDAQ. The company issued 13.3 million shares of common stock at a price of $17.00 per share, raising $226 million. The ticker for Tesla stock is TSLA.
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