Tesla Motors specializes in developing a full range of electric vehicles.
Tesla Motors specializes in developing a full range of electric vehicles. 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 $34.32 billion. 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. The 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.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 23, 2019 | Post-IPO Debt | $1.40B | 1 | — | — | Detail |
May 19, 2016 | Post-IPO Equity | $1.46B | 1 | — | — | Detail |
Sep 16, 2009 | Series F | $82.50M | 2 | Al Wahada Capital Investment | — | Detail |
Jun 23, 2009 | Debt Financing | $465M | 1 | US Department of Energy | — | Detail |
May 19, 2009 | Series E | $50M | 1 | Mercedes-Benz Group AG | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Al Wahada Capital Investment | Yes | Series F |
US Department of Energy | Yes | Debt Financing |
Agricultural Bank of China | — | Post-IPO Debt |
Citi | — | Post-IPO Equity |
Mercedes-Benz Group AG | — | Series F |