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Tesla Motors. Inc. (TSLA) stock surged 41% on its first day of trading, June 29, 2010. The stock had risen even more on its trading day before retreating in the afternoon. The stock is down more today. Often people take profits after a rise that occurs right after an Initial Public Offering before the stock rises in the long run.  However, future performance can not be guaranteed based of past performance of  IPO’s.

Tesla Motors is the first U.S.-based IPO for clean technology  since A123 Systems Inc. (AONE), a maker of batteries for electric cars, went public in September 2009, and is the first IPO by an American automaker since Ford became a publicly traded company in 1956.