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Carmaker Tesla’s stock revs higher on first day

Written by: Dana Salvo

(Reuters) – Shares of electric carmaker Tesla Motors Inc opened nearly 12 percent above their initial public offering price on Tuesday as investors bet that electric cars would define the future of transportation.

June 29, 2010 @ 8:13 pm Trackback URL Posted in Industry News and tagged with , CEO Elon Musk, electric car, future of transportation, Tesla, tesla initial public offering, tesla motors.

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