Tesla Motors Fact Sheet

Name: Tesla Motors
Address: 1050 Bing Street
San Carlos, CA 94070
Telephone: 650.413.4000
Web site: www.teslamotors.com
Founded: July 1, 2003
Employees: over 80 (as of July 19, 2006)
Products: Tesla Roadster (launch date: mid-2007)
Others in development
Facilities:
Research & Development San Carlos, Calif. and Hethel, UK
Motor facility Taipei, Taiwan
Assembly Hethel, U.K
Management team:
CEO Martin Eberhard
VP, Engineering, CFO Marc Tarpenning
Chief Technical Officer JB Straubel
VP, Vehicle Integration Malcolm Powell
VP, Sales & Distribution Gretchen Joyce
VP, Customer Service & Support Mike Harrigan
VP, Vehicle Engineering Malcolm Smith
VP, Manufacturing Tom Colson
VP, Advanced Mfg. Projects Ron Lloyd
Board of Directors: Elon Musk, Chairman
Martin Eberhard, CEO
Jim Marver
Kimbal Musk
Simon Rothman
Bernard Tse
Laurie Yoler
Mission Statement: Tesla Motors designs and will sell high-performance, highly efficient electric sportscars — with no compromises. Tesla cars combine style, acceleration, and handling with advanced technologies that make them among the quickest and at the same time the most energy-efficient cars on the road.

About Tesla Motors

Tesla Motors was founded in July 2003 by Martin Eberhard and Marc Tarpenning to create efficient electric cars for people who love to drive. The chairman of Tesla Motors, a privately held company, is Elon Musk, who has led or co-led all three rounds of investment resulting in $60 million in funding. Mr. Musk has been instrumental in both corporate and product development at Tesla Motors.

The company currently employs over 80 people, including teams in California, the U.K. and Taiwan. The background and experience of Tesla Motors's employees mirrors the vehicle itself, drawing from diverse expertise in the electronics, automotive and software industries.

Tesla Motors creates vehicles that conform to all U.S. safety, environmental and durability standards. Tesla Motors's cars include modern safety equipment such as airbags, front crumple zones, side impact protection, and 2½ mph bumpers. Tesla Motors only will sell cars in the U.S. when they pass the Federal Motor Vehicle Safety Standard (FMVSS).

For more information, visit www.teslamotors.com.