The move by the Shenzhen-based property giant comes as part of a drive to diversify into new markets that last year saw Vanke launch overseas projects that include a $620 million joint project in San Francisco with Tishman Speyer, as well as deals in Hong Kong and Singapore.he move by the Shenzhen-based property giant comes as part of a drive to diversify into new markets that last year saw Vanke launch overseas projects that include a $620 million joint project in San Francisco with Tishman Speyer, as well as deals in Hong Kong and Singapore.
Tesla has arguably the most compelling vehicles in the electric car business. A relatively small number of initial buyers, however, will be spread over a growing number of manufacturers. Value: Tesla is worth $2.7 billion and recently reported a quarterly loss of $34.9 million.
In all, the IPO could be worth $260 million. For some, Tesla's IPO harkens back to Silicon Valley's Internet bubble in the late 1990s, when retail investors snapped up shares in brand-new tech companies with no track record of making any money.