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Tesla To Raise $185 Million IPO, Toyota deal

Tesla To Raise $185 Million IPO, Toyota deal

NEW YORK — Electric car maker Tesla Motors Inc. set terms for its highly anticipated IPO Tuesday, saying it now hopes to raise about $185 million by selling shares to the public and to Toyota Motors Corp. Tesla and its stockholders will sell 11.1 million shares for $14 to $16 each in an initial public offering, according to a regulatory filing

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