Tesla keeps going
Tesla, makers of an all-electric incredibly expensive car, will have enough cash to continue operating for at least another couple of years after raising $226 million in an IPO. Founder Elon Musk, famous for founding PayPal and for having a totally rad name, was reportedly close to bankruptcy but still trying to produce their new model, the Model S. It's an all-electric car priced around $50,000. They're taking reservations now.
Tesla Motors, we're talking about here. Not:
and certainly not: