Tesla Chairman Says Company May Go Public Soon

IPO could come in 2008 or 2009, as company develops a third model known as the Blue Star.

Published: 07-Feb-2008

INDIAN WELLS, Calif., Feb 6 (Reuters) - Tesla Motors, maker of the all-electric Roadster sports car, may go public at the end of 2008 or in 2009, the company's chairman said on Wednesday.

"I would say within end of this year or next year there is a good chance we would go public," Elon Musk, Tesla's chairman, said in an interview at the Clean-tech Investor Summit in Indian Wells, California.

Musk also said the company may partner with another company to develop a lower-cost electric car.

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