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Founded: 2003; Headquarters:
Palo Alto, California
Employees: 800+; Patents: 15+, 100+ Pending; Stores: 14 worldwide,
more coming soon.; On the Road in 25+ countries.
It's a new sports car that looks like a Lotus Alise. It has a range
of 250 miles. It also has GPS navigation, air conditioning, air
bags, great sound system, and heated seats. It's totally emissions-free
because it has no internal combustion engine. Powered by a 3-phase,
4-pole AC induction motor, the Roadster can go 130 mph and does
0-60 in about 4 seconds.
The name Tesla Roadster was adapted from Nikola Tesla, the iconic
Serbian engineer who built the first AC induction motor in the 1880s.
The car's lithium-ion battery system is estimated to be twice as
efficient as a hydrogen fuel cell. The Roadster's Energy Storage
System (ESS) provides power to the entire vehicle. The Tesla Roadster
comes complete with its Electric Vehicle Service Equipment (EVSE),
a home based charging system. An optional mobile charging kit, for
recharging while away from EVSE, is available. Charging the Tesla
Roadster takes about 3.5 hours.
Tesla Motors Inc And Panasonic Corporation Strengthen Collaborative
Relationship
Wednesday, 3 Nov 2010 08:00pm EDT
Panasonic Corporation announced that it has invested $30 million
in Tesla Motors Inc. The investment was made through the purchase
of Tesla common stock in a private placement at a price of $21.15
per share. The investment builds upon a multi-year collaboration
of the two companies to accelerate the market expansion of the electric
vehicle. Tesla uses Panasonic battery cells in its advanced battery
packs and has collaborated with Panasonic on the development of
next generation battery cells designed specifically for electric
vehicles. - - - - - (repeated)
Tesla Motors Opens Tesla Factory – Home of the Model S
Wednesday, October 27, 2010
Fremont, Calif. -- Tesla today unveiled the Tesla Factory where
it will build the Model S and future Tesla vehicles.
The former NUMMI factory closed in April 2010. Tesla purchased the
factory in May. The Tesla Factory is the only auto assembly plant
in California, and the first facility dedicated exclusively to the
mass production of electric vehicles.
The Tesla Factory will combine the best automotive and Silicon Valley
talent within a proven manufacturing facility to produce the car
of the 21st century – Model S. The Model S will be the first
electric premium sedan designed from the ground up to take full
advantage of the electric vehicle architecture.
Tesla Motors Inc And Toyota Motor Corporation In Electric Powertrain
System Deal-DJ
Wednesday, 13 Oct 2010 06:16pm EDT
Dow Jones reported that Tesla Motors Inc said it will work with
Toyota Motor Corporation to develop an electric powertrain system
for the electric version of the RAV4. As part of the agreement,
Toyota Motor Corporation had purchased $50 million worth of Tesla
Motors Inc's common shares immediately following the close of Tesla
Motors Inc's initial public offering in July. Toyota Motor Corporation
will also pay Tesla Motors Inc about $60 million for its services.
- - - - - (repeated)
Tesla Motors Inc And Toyota Motor Corporation Formalize Agreement
To Develop Electric Version Of RAV4
Friday, 16 Jul 2010 07:22am EDT
Tesla Motors Inc and Toyota Motor Corporation (TMC) announced that
the two companies have signed an agreement to initiate the development
of an electric version of the RAV4 as announced in May of this year
by Elon Musk and Akio Toyoda. With an aim to market the EV in the
United States in 2012, prototypes will be made combining the Toyota
RAV4 model with a Tesla electric powertrain. Tesla plans to produce
and deliver a fleet of prototypes to Toyota for evaluation within
this year. The first prototype has already been built and is now
undergoing testing. In May, Tesla and TMC announced their intent
to cooperate on the development of electric vehicles, parts, and
production system and engineering support. Tesla seeks to learn
and benefit from Toyota`s engineering, manufacturing, and production
expertise, while Toyota aims to learn from Tesla`s EV technology,
daring spirit, quick decision-making, and flexibility. - - - - -
(repeated)
Tesla Motors Inc Announces Pricing Of Initial Public Offering
Wednesday, 30 Jun 2010 01:51pm EDT
Tesla Motors Inc announced that its initial public offering (IPO)
of 13,300,000 shares of its common stock at a price to the public
of $17.00 per share. The shares will begin trading on June 29, 2010
on the NASDAQ Global Select Market under the ticker symbol TSLA.
Of the shares in the offering, 11,880,600 shares are being offered
by the company and 1,419,400 shares are being offered by selling
stockholders. In addition, the selling stockholders have granted
the underwriters a 30 day option to purchase up to an additional
aggregate of 1,995,000 shares of common stock to cover over allotments,
if any. Tesla will not receive any proceeds from the sale of shares
by the selling stockholders. Goldman, Sachs & Co., Morgan Stanley,
J.P. Morgan and Deutsche Bank Securities are acting as the joint
book-running managers for the offering.
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