Tech Company Financing Transactions
Tesla Funding Round
Tesla, operating out of Palo Alto, raised $40 million in funding from VantagePoint Capital Partners, JPMorgan Partners and Threshold Ventures.
Transaction Overview
Company Name
Announced On
5/31/2006
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Proceeds Purpose
The financing will be used to launch the company's first product, a high performance electric sportscar, and to support final safety compliance testing and production.
Company Information
Company Status
Publicly-held
Industry
Transportation
Mailing Address
3500 Deer Creek
Palo Alto, CA 94304
USA
Palo Alto, CA 94304
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Elon Musk
Chief Financial Officer
Jason Wheeler
Chief Technical Officer
JB Straubel
VP - Bus. Development
Diarmuid O'Connell
VP - Human Resources
Arnnon Geshuri
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