Elon Musk Betting On Tesla IPO To Fund Electric Car Maker

Elon Musk, chairman and chief executive officer of Tesla Motors, center, participates in the opening bell ceremony at the Nasdaq Marketsite with his twin boys Griffin, green shirt at center, and Xavier, right in blue shirt, and his fiancee Talulah Riley, second from right, in New York, U.S., on Tuesday, June 29, 2010. Tesla Motors Inc., the electric car company that hasn't posted a profit, raised $226 million selling shares above its forecast price range in the first initial public offering of a U.S. automaker in a half century. Photographer: Daniel Acker/Bloomberg via Getty Images