TSLA hype stock.

2.22 billion market cap at a share price of 23.89 USD implies a shares outstanding count of 92.92 million shares.

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High of day (at time of writing) is 29.80

29.80 * 92.92 million = 2.769 billion USD market cap

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details of IPO:

Priced at $17, above the initial $14 to $16 range.

http://www.marketwatch.com/story/tesla-motors-ipo-opens-12-above-offer-price-2010-06-29?siteid=yhoof

The stock opened at $19 a share, 12% above the $17 offer price. After briefly pulling back to $17.54, it staged a full-blown rally that carried it briefly to $25 a share.

Tesla on Monday boosted the share offering by 20% to 13.3 million shares due to strong demand.
 
Quote from traderlux:

s777,

if anybody can pull this off, elan might be the one. he has the balls to use tesla's name, the greatest practical scientific mind since newton.
More...

Tesla contributed quite a bit to electrical science.

But, when it comes to practical applications, especially commercializing them, Edison was far and away the top dog.
 
Anyone thinks TSLA is the new CROX? It may go a lot higher before you can short it...

crox
 
Whoever bought in the 30's today will never see a print back up there. The hype is gonna fade quick once the sheep actually bother to read the prospectus and realize this company has never made a profit.
 
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