Archive for February, 2009

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President’s Day with a President

Wednesday, February 25th, 2009
Thanks to an invitation from one of our early investors, I found myself spending Presidents Day at a round-table luncheon with former President Bill Clinton with a Sterling Silver Tesla Roadster Parked directly behind us. The round-table luncheon took place in Burbank, Calif., at the only LEED platinum-certified airplane hangar in the world. The moderator was [...]

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Tesla Motors Update

Thursday, February 12th, 2009
Tesla to be Profitable by Mid Year Although extraordinarily difficult to close, the $40M financing round completed in December was twice the amount Tesla needed to reach profitability. Moving forward two months later, we remain on track with our cost reductions and production ramp, so it appears highly likely that Tesla will meet the goal [...]

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