Tesla Motors Updates

Tesla Motors Updates

In the Beginning

With the recent lawsuit filed by Martin Eberhard, which seeks to perpetuate a version of Tesla’s history that is at odds with the truth, I felt it was important to set the record straight. This post is not a complete response to the allegations in the lawsuit (we will be responding fully in court soon), […]

Read more
Tesla Motors Updates

Inaugural Tesla Roadster Rally

The idea was simple: Celebrate the one-year anniversary of Tesla’s first showroom with a “Roadster Rally” and say thank you to customers in Southern California, our largest regional market.
We didn’t realize we’d get such an overwhelming response!

The first owners arrived last Saturday from San Diego around 8:30 a.m. They charged […]

Read more
Tesla Motors Updates

President’s Day with a President

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 […]

Read more
Tesla Motors Updates

Tesla Motors Update

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 […]

Read more