Tech Company Financing Transactions

Tesla Funding Round

Tesla secured a $40 million funding round on 11/3/2008. Investors included private investors.

Transaction Overview

Company Name
Announced On
11/3/2008
Transaction Type
Debt
Amount
$40,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The financing will be used primarily to accelerate manufacturing of the Tesla Roadster, an all-electric, high performance sports car. In addition, the funds will be used to expand Tesla's electric powertrain supply business and continue future product development.

Company Information

Company Status
Publicly-held
Industry
Transportation
Mailing Address
3500 Deer Creek
Palo Alto, CA 94304
USA
Email Address
Not Recorded
Overview
Tesla (NASDAQ: TSLA) designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. It primarily offers sedans and sport utility vehicles. The company also offers electric vehicle powertrain components and systems to other manufacturers.
Profile
Tesla LinkedIn Company Profile
Social Media
Tesla Company Twitter Account
Company News
Tesla News
Facebook
Tesla on Facebook
YouTube
Tesla on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Elon Musk
  Elon Musk LinkedIn Profile  Elon Musk Twitter Account  Elon Musk News  Elon Musk on Facebook
Chief Financial Officer
Jason Wheeler
  Jason Wheeler LinkedIn Profile  Jason Wheeler Twitter Account  Jason Wheeler News  Jason Wheeler on Facebook
Chief Technical Officer
JB Straubel
  JB Straubel LinkedIn Profile  JB Straubel Twitter Account  JB Straubel News  JB Straubel on Facebook
VP - Bus. Development
Diarmuid O'Connell
  Diarmuid O'Connell LinkedIn Profile  Diarmuid O'Connell Twitter Account  Diarmuid O'Connell News  Diarmuid O'Connell on Facebook
VP - Human Resources
Arnnon Geshuri
  Arnnon Geshuri LinkedIn Profile  Arnnon Geshuri Twitter Account  Arnnon Geshuri News  Arnnon Geshuri on Facebook


 

 

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Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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