NEW YORK ( TheStreet) -- As Tesla Motors' ( TSLA) IPO took off last week, the logical question was to consider how it might compare to the much-anticipated upcoming GM IPO.
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The Tesla debut is a positive sign for the electric car market, but hasn't tempered concerns about Tesla's ability to compete with the Nissan ( NSANY) Leaf and Chevy Volt. Those two are expected to debut this year, while Tesla's Model S -- which many investors are banking their money on -- is said to be debuting in 2012. Worth noting, though, is that the Model S doesn't even have production facilities in place yet. Profitless Tesla currently has only one vehicle on the market right -- the roughly $100,000 Roadster, which has thus far been more popular among celebrities and collectors than the average car owner. Sources tell Reuters that GM's IPO could occur as early as this year, slightly more than a year after GM resurfaced from a government-backed bankruptcy. They tell Reuters that the automaker could raise as much as $20 billion from its IPO.
-- Reported by Andrea Tse in New York
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