Toyota’s investment with IPO will be secured by Tesla Motors

Thanks to a blockbuster IPO, Tesla Motors secured additional financing and investment from Toyota Motors. The Toyota Motors/Tesla Motors partnership is one of the numerous Tesla motors has developed in a quest for a mass-market, all-electric automobile. Is this excitement and investment going to be enough to keep Tesla Motors floating?

Article source: Tesla Motors secures Toyota’s investment with IPO by Vehicle Deal Expert

Tesla Motors

Tesla Motors is a company that was founded in 2003 and has the goal of creating all-electric vehicles. There are two Tesla Motors electric vehicles on the market right now — both more than $100,000. Tesla's goal is to, eventually; bring an all-electric sedan to the market for less than $50,000.

Toyota's investment in Tesla Motors

The investment that Toyota and Tesla announced a few months ago was conditional upon Tesla completing an initial public offering. Now the TSLA IPO is completed, Toyota motors will complete its investment. Tesla plans to buy the now closed NUMMI plant. Toyota is there to advice Tesla in getting a car to market.

Tesla Model S is new

The Tesla Model S should be an all-electric sedan vehicle. The 300-mile range of the Tesla roadsters is the target range for the sedan. Tesla would like to sell the Model S for less than $50,000, which is considered the “midrange” price point for most cars. Government tax credits along with all of the fuel cost savings are expected to add up to make this car more affordable for most buyers. The Model S is designed to make it to the market by 2012.

Tesla receives some other investments

Other investments have been received by Tesla Motors. Daimler-Chrysler as well as the U.S. Government has given Tesla Motors some of their loans to help bring the Model S to market. These investments come despite the fact Tesla Motors has run at an operating loss annually. The hope is that with the IPO investment money, Toyota’s help, the U.S. Government’s help, and the Daimler-Chrysler investment, Tesla will start making money in the next 3 years.