John Paczkowski

Recent Posts by John Paczkowski

Tesla Motors Plans IPO

Add Tesla Motors to the list of companies planning to avail themselves of what may, or may not, be a fledgling IPO recovery this year. The electric car maker said Friday that it’s planning an initial public offering to raise up to $100 million.

Tesla’s S-1 form doesn’t specify the share price or where the stock will be traded. It does, however, note that stock will be issued “as soon as practicable”–whatever that means. A few other details worth noting:

  • Goldman Sachs (GS), Morgan Stanley (MS), J.P. Morgan (JPM) and Deutsche Bank (DB) are listed as underwriters.
  • To date, Tesla has sold 937 Roadsters in 18 countries.
  • Tesla had sales for the first nine months of 2009 of $93.4 million. Losses for that same period were $31.5 million
  • Since its inception, Tesla has had revenue of $108.2 million, with cumulative losses of $236.4 million.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik