(IPO), the first American car company to do so since Ford Motor Company in 1956. The company issued 13.3 million shares of common stock at a price of $17 per share at its opening on the NASDAQ, raising $226 million.

In October 2010, Tesla opened the Tesla Factory. In January 2012, Tesla ceased production of the Roadster, and in June 2012, the company began producing its second car, the Model S