Tesla goes public on Tuesday. How well the company's stock does could indicate the health of the nascent 'green economy.'
Tesla IPO 2010: Tesla Motors stocks climbed in its trading debut. The electric car manufacturer is the first American automaker to go public in more than 50 years.
Telsa Motors will be the first US auto company to go public in 50 years, when it begins selling stock to the public on Tuesday
Toyota Motor Corp said it would take a $50 million stake in U.S. electric car maker Tesla Motors, a move that gives the Japanese automaker a chance to repair its dented public image and vaults the California start-up on to the world stage.
The companies announced a deal yesterday in which Tesla will buy a defunct Toyota plant in California, and Toyota will purchase $50 million of Tesla stock.
Despite a surge in interest, electric cars may remain niche products in the world's two largest auto markets. Advocates disagree.
Nissan has announced it is recalling over 100,000 Infiniti G35 sedans and coupes due to an airbag problem. The model years run from 2005 through 2007.
Tainted by recalls, Toyota addressed its sales slump by introducing cut-rate financing and special lease offers. It regained its footing in March, helped along by robust Prius sales.
US gives carbon emission credits for hybrid, electric, and other alternatively fueled cars. The loophole is aimed at spurring the alternative technology.