Tesla Revs Up $40 Million

Lee, Michael
November 2008
Red Herring;11/3/2008, p4
Trade Publication
The article reports on the $40 million in financing raised by Tesla Motors. The funds came from most of its current backers, including Elon Musk, VantagePoint Venture Partners, Draper Fisher Jurvetson and Technology Partners. The convertible debt funding comes after Tesla experienced economic pressures that resulted in staff layoffs. Tesla hopes to begin production on the Model S, an all-electric four-door sedan, by 2011.


Related Articles

  • 'Spaceman' Investor Maintains Lofty Goals. BRIAN DEAGON // Investors Business Daily;3/20/2015, pA04 

    An interview with Steve Jurvetson, a partner at venture capital firm Draper Fisher Jurvetson (DFJ), an early investor in Space Exploration Technologies Corp. (SpaceX), the manufacturer of rockets and space capsules founded by Elon Musk of Tesla Motors Inc., is presented. When asked on what drew...

  • 'WE MUST HAVE SUSTAINABLE TRANSPORT. TESLA WILL HELP US GET THERE'. Cropley, Steve // Autocar;1/15/2014, Vol. 279 Issue 6082, p50 

    The article offers insights from Elon Musk, engineer, billionaire internet tycoon, and futurist behind electric car and electric vehicle powertrain components manufacturer Tesla Motors Inc., regarding his plans for the future of sustainable transport. Topics discussed include the goal of Tesla...

  • Tesla is on target for Model S launch next summer. Rechtin, Mark // Automotive News;10/10/2011, Vol. 86 Issue 6485, p6 

    The article presents information on the plans of Tesla Motors Inc. to launch the Model S electric sedan recently. Tesla Motors's chief executive officer (CEO) Elon Musk announced about the plans at an event. Musk also announced that Tesla will offer a sport version of the Model S. which will...

  • Tesla Trouble As Show Goes On. Investor's Business Daily // Investors Business Daily;1/20/2015, pB02 

    10 The luxury electric-car maker's stock fell about 7% for the week as CEO Elon Musk called

  • U.S. Government Fuels $350M Tesla Loan. Moresco, Justin // Red Herring;2/11/2009, p1 

    The article reports that the U.S. Department of Energy will issue $350 million in loans to electric car manufacturer Tesla Motors. Such loan is aimed at helping Tesla finance its Model S and keep it on track for production in 2011. Model S is expected to sell for nearly $60,000. Meanwhile, Tesla...

  • Tesla cuts losses but sees costly year ahead. Rechtin, Mark // Automotive News;2/24/2014, Vol. 88 Issue 6609, p3 

    The article reports on the financial performance of electric vehicle manufacturer Tesla Motors as of February 2014. The company has sold 22,477 cars and posted a revenue of two billion dollars and a net loss of 74 million dollars during its first year. According to Tesla chief executive officer...

  • Lutz offers high praise for Musk, Tesla.  // Automotive News;11/14/2011, Vol. 86 Issue 6490, p46 

    The article focuses on the comments of Tesla Motors Inc. co-founder and chief executive officer (CEO) Elon Musk, on the firm's Model S, and other plans.

  • TESLA TUSSLE. Johnson, Tom // MinnesotaBusiness;May2013, Vol. 23 Issue 5, p7 

    A blog from the founder of Tesla Motors Inc. Elon Musk is discussed.

  • Whether it's arrogance, genius or both, Musk has an EV vision. Anantharaman, Krishnan M. // Automotive News;6/3/2013, Vol. 87 Issue 6571, p8 

    The article presents the author comments on the vision of Elon Musk, founder of Tesla Motors Inc.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics