Shaking Up History with Electric Lightning

Tesla’s electrifying IPO shakes up history! On June 29, 2020, the car manufacturer etched its name in the annals of automotive legends. With a triumphant bell ring, led by the visionary Elon, it stormed onto the NASDAQ, becoming the first U.S. automaker to go public since Ford in 1956.

The IPO blitzed the market, releasing 13.3 million shares at $17 each, showering Tesla with a dazzling $226.1 million. As the dust settled, their shares closed at $23.89, catapulting the company’s value to an astonishing $2.22 billion. A seismic shift in transportation had begun.

Next: A new and cheaper model and free charging to boot.