Related to the Economics in Practice on page 236: In 2010, Tesla Motors decided to become a public company by offering shares of stock to the public on a stock exchange. Like most other firms, Tesla relied on ________ to manage the sales of stock from its Initial public offering.

Question

Quizplus · Accepted Answer

Tesla most likely relied on investment banks to manage the sales of stock from its Initial Public Offering (IPO). Investment banks typically act as underwriters for IPOs, helping to price and sell the shares to the public.

Related to the Economics in Practice on Page 236: in 2010