Tesla goes public on Nasdaq
Tesla's IPO was the first by a US car maker since Ford in 1956, raising about $226 million.
Archive entry. This article looks back at an event from June 29, 2010. It was drafted with AI assistance from public records and is being fact-checked. See our About page.
On June 29, 2010, Tesla's shares began trading on Nasdaq under the ticker TSLA. The IPO priced at $17 per share and raised about $226 million.
It was the first IPO by a US automaker since Ford went public in 1956. At the time Tesla had sold only the Roadster and was preparing the Model S.
The money helped fund the Fremont, California factory and the development of the Model S.
