Profile: Tesla Motors Inc (TSLA.OQ)
17 May 2013
Tesla Motors, Inc. (Tesla), incorporated on July 1, 2003, designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Tesla owns its sales and service network. The Company is engaged in commercially producing a federally-compliant electric vehicle, the Tesla Roadster. addition to developing its Model S and future vehicle manufacturing capabilities at the Tesla Factory, the Company is designing, developing and manufacturing lithium-ion battery packs, electric motors, gearboxes and components both for its vehicles and for its original equipment manufacturer customers. These activities occur at its electric powertrain manufacturing facility in Palo Alto, California and at the Tesla Factory. The Company provides services for the development of electric powertrain components and sells electric powertrain components to other automotive manufacturers. The Company has provided development services and powertrain components to Daimler AG (Daimler) for its Smart fortwo and A-Class electric vehicles. The Company announced the receipt of an initial purchase order for the development of a powertrain system for an additional Mercedes Benz vehicle from Daimler.
The Tesla Roadster
The Tesla Roadster is the high-performance electric sports car. The Company sells and services its Tesla Roadster though its Company-owned sales and service network in the North America, Europe and Asia. As of December 31, 2011, it had delivered approximately 2,150 Tesla Roadsters to customers in over 31 countries. It completed the production of Tesla Roadster gliders at Lotus Cars Limited in January 2012.
Model S is a four door, five-passenger premium sedan. It has designed Model S to include a third row with two rear-facing child seats, subject to applicable safety regulations and requirements, allowing the Company to offer a seven passenger sedan.
Tesla Motors Inc
3500 Deer Creek Road
PALO ALTO CA 94304
Company Web Links
- UPDATE 1-Tesla Motors raises more than $1 billion from debt, equity
- Tesla Motors raises more than $1 billion from debt, equity
- UPDATE 2-Tesla boosts bond offering as investor demand strengthens
- Tesla motors increases convertible bond offer to $525mln
- Tesla Motors gear shift catches out many on Wall Street