Tech Company Financing Transactions

Tesla Funding Round

Tesla, operating out of Palo Alto, secured $45 million in investment from Technology Partners, Compass Technology Partners and JPMorgan Partners.

Transaction Overview

Company Name
Tesla
Announced On
5/10/2007
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series D
Investors

Technology Partners (Lead Investor) (Ira Ehrenpreis)

Compass Technology Partners

JPMorgan Partners

Threshold Ventures

Valor Equity Partners (Antonio Gracias)

VantagePoint Capital Partners (James Marver)

Proceeds Purpose
The financing will be used for the continued development of the WhiteStar program, a 4 door, five passenger sports sedan planned for introduction for the 2010 model year, the establishment of company-owned sales and service infrastructure, and the mass-production of the Tesla Roadster, a stylish, high performance, zero-emissions car which the company anticipates shipping to customers this fall.

Company Information

Company Status
Publicly-held
Industry
Transportation
Mailing Address
3500 Deer Creek
Palo Alto, CA 94304
USA
Phone
(650) 681-5000
Website
www.tesla.com
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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Prev: 5/10/2007: Jott venture capital transaction
Next: 5/11/2007: Turin Networks venture capital transaction

 

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