Tesla Secures Financing
11-03-2008, 06:01 AM
#1
Tesla Secures Financing
TEL AVIV (MarketWatch) -- Tesla Motors Inc., the San Carlos, Calif., producer of an electric-powered high-performance sports car, said it received $40 million in convertible-debt financing from almost all current major investors. The company said in a statement on Monday that it would use the funds to speed up production of its Roadster, expand its business of supplying electric powertrains, and develop products. Tesla said it "has delivered more than 50 Roadsters to customers and is now in regular production at a rate of 10 cars per week, rising to 30 cars per week early next year." More than 1,200 people have put down deposits for the Roadster, which the company is selling in the U.S. and Europe. The Tesla Website says the base price for the 2009 U.S. model is $109,000. The European Roadster, fully loaded with options, costs 99,000 euros, or about $127,000
11-03-2008, 07:19 AM
#4
Originally Posted by S2KANDRE,Nov 3 2008, 09:05 AM
I'd so get it if it was <30k.
Jay Leno says:
[QUOTE]In the real world I have a Porsche Carrera GT, I have a McLaren F1, and anybody that tells you they
11-03-2008, 07:20 AM
#5
Registered User
My old man drove one, said it was pretty impressive but not something he'd ever buy at this point for the money.
He said 0-30mph was amazing but 60-80mph wasn't thrilling, and upwards of there the car really fell off quickly.
Ehh, bump for something new though I guess.
-G
He said 0-30mph was amazing but 60-80mph wasn't thrilling, and upwards of there the car really fell off quickly.
Ehh, bump for something new though I guess.
-G
11-03-2008, 07:22 AM
#7
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Originally Posted by 05TurboS2k,Nov 3 2008, 08:20 AM
My old man drove one, said it was pretty impressive but not something he'd ever buy at this point for the money.
He said 0-30mph was amazing but 60-80mph wasn't thrilling, and upwards of there the car really fell off quickly.
Ehh, bump for something new though I guess.
-G
He said 0-30mph was amazing but 60-80mph wasn't thrilling, and upwards of there the car really fell off quickly.
Ehh, bump for something new though I guess.
-G
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11-03-2008, 07:24 AM
#8
Originally Posted by 05TurboS2k,Nov 3 2008, 09:20 AM
My old man drove one, said it was pretty impressive but not something he'd ever buy at this point for the money.
He said 0-30mph was amazing but 60-80mph wasn't thrilling, and upwards of there the car really fell off quickly.
Ehh, bump for something new though I guess.
-G
He said 0-30mph was amazing but 60-80mph wasn't thrilling, and upwards of there the car really fell off quickly.
Ehh, bump for something new though I guess.
-G
11-03-2008, 07:36 AM
#9
Originally Posted by Bert05GPW,Nov 3 2008, 08:24 AM
Novelty collectors are the only ones interested at this point; however, this is helping to advance electric car technology which is why I'm glad they got some financing. Truth be told, $40m is nothing. If they have to work hard to scrounge up 40 big ones, then they'll be gone in a couple years. Hope not, but cash will be dear for the next few years.
