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On Friday electric sports car maker Tesla Motors became the first U.S. automaker to file for an Initial Public Offering since Ford Motor Co. floated its shares in 1956. The IPO comes at a time of growing investor-interest for battery-powered cars.
Goldman Sachs, Morgan Stanley, JP Morgan and Deutsche Bank Securities are the underwriters.
Telsa, which raised over $220 million in venture capital funding, is not expected to turn a profit until 2012, when it starts selling its Model S automobile.
The company reported a $31.5 million loss for the first nine months of 2009, down from a $57.3 million loss during the same period in 2008.
Draper Fisher Jurvetson, Daimler AG and VantagePoint Venture Partners are all investors. Other backers include Abu Dhabi-based Aabar Investments, DraperValor Equity Partners, Technology Partners, The Westly Group and Compass Venture Partners.
The last headline-grabbing cleantech IPO was the A123 flotation last fall, in which the company raised more than $57 million.