Tesla Motors Model S, an all-electric family sedan to be priced at an estimated $49,900 after a $7,500 federal tax credit. Photograph: Tesla Motors

Electric car maker Tesla seeks up to $100m in IPO

Tesla Motors, the California manufacturer of sleek, all-electric sports cars and power train components, is planning an initial public offering to raise up to $100m for a manufacturing expansion and in connection with a government loan.

Published: Wednesday, February 3 2010