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Tesla - all models

Series: Roadster

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About Tesla

Tesla Motors, Inc. is a Silicon Valley automobile startup company focusing on the production of high performance, consumer-oriented electric vehicles. The firm was started in the summer of 2003 by engineers Martin Eberhard and Marc Tarpenning in San Carlos, and has since grown to include several team members with extensive computer, electrical, and automotive engineering backgrounds from around the world. Tesla Motors is named after Serbian inventor, electrical engineer and scientist Nikola Tesla.

Financing and Organization

Initial investment came from PayPal co-founder Elon Musk, who became Tesla's Chairman of the Board. He also led Tesla Motors' first two rounds of financing and co-led the third round along with VantagePoint Venture Partners. Tesla's third round included investment from prominent entrepreneurs, such as Google co-founders Sergey Brin and Larry Page, and former eBay President Jeff Skoll.

As of May 2007, the company has raised over $105 million USD through private financing. Elon Musk, who was President of PayPal before it was bought by eBay, has contributed $37 million of his own money to the company. As of 2008, Elon Musk has successfully ousted Tesla's original founder Martin Eberhard from the company and fired several key personnel that were there since its inception. New direction is now under Ze'ev Drori, the current CEO of Tesla Motors.

Planned models

Tesla Roadster

Tesla Motors' first production vehicle, the Tesla Roadster, is a performance sports car and electric vehicle which emits no exhaust. According to official test results from the Environmental Protection Agency, the car has a range of 221 miles (394 km). The company claims that the Tesla Roadster accelerates from 0 to 60 mph (100 km/h) in less than 4 seconds, and a top speed of 125 mph (201 km/h) (limited for safety). The cost of powering the vehicle is estimated at 2 cents per mile.

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2-door
2-seat
                M-2
184.9 kW / 248.0 hp / 248.0 hp  244.0 N·m / 180.0 lb·ft / 180.0 lb·ft
   

Tesla Roadster (2006)

2-door 2-seater roadster, electricity engine, 184.9 kW / 248.0 hp / 248.0 hp, 244.0 N·m / 180.0 lb·ft / 180.0 lb·ft, manual 2-speed transmission, rear wheel drive, 209 km/h / 130 mph / 130 mph top speed

Infobox

Beyond basic auto insurance

In addition to having enough liability protection, there are some other coverages you should consider:

Collision: Pays for damage to your car resulting from a collision with another car, an object or as a result of flipping over. It also covers damage caused by potholes. Even if you are at fault for the accident, your collision coverage will reimburse you for the costs of repairing your car, minus the deductible. If you are not at fault, your insurance company may try to recover the amount they paid out from the other driver’s insurance company though a process called subrogation. If the company is successful, you will be reimbursed for the deductible.

Comprehensive: Reimburses you for loss due to theft or damage caused by something other than a collision with another car or object, such as fire, falling objects, missiles, explosion, earthquake, windstorm, hail, flood, vandalism, riot, or contact with animals such as birds or deer. Comprehensive insurance will also reimburse you if your windshield is cracked or shattered; some companies may waive the deductible on the glass portion of this coverage.

Uninsured and Underinsured Motorist Coverage: Reimburses you, a member of your family, or a designated driver if one of you is hit by an uninsured or hit-and-run driver. Underinsured motorist coverage comes into play when an at-fault driver has insufficient insurance to pay for your total loss. These coverages are required in 19 states, but available in all. It is important to purchase the same amount of coverage for uninsured/underinsured motorists as you have for liability to others.

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