- Palo Alto, CA
- Tesla Motors accelerate the transition to electric mobility with a full range of increasingly affordable electric cars.
- Martin Eberhard, Marc Tarpenning, Elon Musk
- Automotive, Electronics, Innovation Management
Tesla Motors was started by a group of Silicon Valley entrepreneurs and strives to create a revolution and accelerate the world’s transition to electric mobility with a full range of increasingly affordable electric cars. Tesla vehicles are EVs (electric vehicles), which are transforming the way people drive and move. Tesla has gone public as of June 29, 2010 and has a market cap of $2.47 billion (at $23.73 a share at 104.02 million shares). Tesla Motors’ goal is to increase the number and variety of EVs through three strategies. The first is to sell its own branded vehicle through its showrooms. Second is to sell premium, high-quality, patented electric components to other automakers. Lastly, it serves as a “catalyst and positive example to other automakers.” There has already been a movement in the EV market with the push of the GM Volt, rumored to have been inspired by the Tesla Roadster.
Funding Rounds (14) - $2.37BUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|May, 2016||$1.46B / Post Ipo Equity||—||—||5|
|Oct, 2012||$10M / Grant||—||California Energy Commission||1|
|Nov, 2010||$30M / Post Ipo Equity||—||Panasonic||1|
|May, 2010||$50M / Post Ipo Equity||—||Toyota||1|
|Sep, 2009||$82.5M / Series F||—||Al Wahada Capital Investment||4|
|Jun, 2009||$465M / Debt Financing||—||US Department of Energy||1|
|May, 2009||$50M / Series E||—||Daimler||2|
|Nov, 2008||$40M / Debt Financing||—||Elon Musk||5|
|May, 2008||$40.17M / Debt Financing||—||Elon Musk||5|
|Feb, 2008||$40M / Series E||—||Elon Musk||8|
|May, 2007||$45M / Series D||—||10|
|May, 2006||$40M / Series C||—||11|
|Feb, 2005||$13M / Series B||—||3|
|Apr, 2004||$7.5M / Series A||—||Elon Musk||2|
Current Team (35)Update
|Apr 9, 2016||Sport Back in the Port||$10M|
Tesla Motors says it will unveil the 200-mile, $35000 Model 3 electric car in 2016.
The Model S is the second model from electric car manufacturer Tesla. The car has a maximum range of 300 miles and can transport five
The Tesla Model X is a full-size crossover utility vehicle (CUV) in development by Tesla Motors.
Tesla Roadster was added to CrunchBase in 2007
|Sep 22, 2016||TechCrunch - Tesla sues Michigan state officials over denial of direct sales and service|
|Sep 22, 2016||TechCrunch - Elon Musk teases Oct. 28 Tesla and SolarCity solar roof, Powerwall and charger reveal|
|Sep 21, 2016||Miami Herald - Tesla updates software to improve radar|
|Sep 21, 2016||TechCrunch - Tesla 8.0 software update with new Autopilot features begins rolling out tonight|
|Sep 21, 2016||Automotive News - McLaren says 'no discussions' are taking place with Apple|
|Sep 21, 2016||Oklahoma City - Tesla updates software to improve radar|
|Sep 20, 2016||Boston Tech Flash - Obama administration reveals guidelines for self-driving cars|
|Sep 20, 2016||TechCrunch - Tesla patches exploit that left Model S potentially vulnerable to remote access|
Aptera Motors is engaged in designing, engineering, and assembling passenger cars in the United States.
BYD is engaged in the research, development, manufacture, and distribution of automobiles, secondary rechargeable batteries, and more.
Karma Automotive will be presenting the first model of a new generation of Made-in-California automobiles in 2016.
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