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22 Nov 2009 HEADLINE


Tesla Said to be Planning IPO



Source: LA Times
Class: SYNDICATED NEWS

SYNOPSIS: Bloomberg's index of stocks from recent IPOs, which plunged 44% in 2008, has gained almost 48% this year.

The California firm reportedly is filing for an IPO soon. Some analysts wonder how much interest it would spark among investors, given the implosion of shares of ethanol producers.

Will investors get charged up over a stock offering by California electric-car maker Tesla Motors Inc.?

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