UPDATE 1-U.S. electric carmaker Tesla preparing IPO-sources

Newswire

* IPO timing capitalizes on environmental enthusiasm

* Filing is near but exact date not clear (Adds background on Tesla, green IPOs, car industry)

By Poornima Gupta

SAN FRANCISCO, Nov 20 (Reuters) - U.S. electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles.

An IPO filing from the six-year-old start-up, best known for its $109,000 ...

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