I don't believe the IPO is about the model S; it's about ramping up to build a sub 30K (or was it 20K) model at the newly acquired plant in Nor Cal, partnered with Toyota.
citations? I thought it was about the model S, e.g. model S _is_ their consumer model.
wikipedia: "On May 20, 2010 Tesla Motors announced it would form a partnership with Toyota to produce a new lower-priced model along with the Model S at the former NUMMI assembly plant in Fremont, California.[6]"
I am confused by our comment, jaekwon. It seems as though you are asking for proof and then give it. Maybe I am just misunderstanding, but the wikipedia quote does state that there is a new model along with the Model S.
You got me. I guess I skipped the words "along with" when scanning.
To my credit, the cited link [6] tells nothing about a new lower-priced model other than the Model S.
wikipedia: "On May 20, 2010 Tesla Motors announced it would form a partnership with Toyota to produce a new lower-priced model along with the Model S at the former NUMMI assembly plant in Fremont, California.[6]"