From IPO Dreams to Collaborative Thrills

In a stunning turn, Tesla’s IPO plans were unveiled, with underwriting undertaken by financiers like Morgan Stanley, JPMorgan, Goldman Sachs, and Deutsche Bank Securities backing the electric vehicle revolution. Prior to this, Tesla and Daimler partnered on an electric Smart car venture. Daimler’s $50 million investment in Tesla secured their future amid a cash crunch.

The German manufacturer’s car brands include Mercedes-Benz, Maybach, and Smart. The electric manufacturer’s strategic alliance with Toyota further thrived when the 2012 electric Toyota RAV4 hit the market. These milestones propelled Tesla’s rise from collaborations to game-changing investments, signaling an electrifying future in transportation.

Next: A grand entrance at the bourse!