PALO ALTO, CA--(Marketwire - Sep 28, 2012) - Tesla Motors, Inc. (
Additionally, as part of the offering, Elon Musk, Tesla's Chief Executive Officer and cofounder, has indicated that he will purchase up to 35,398 shares of common stock at the public offering price for an aggregate purchase price of approximately $1 million.
Tesla intends to use the net proceeds from the offering for general corporate purposes.
Goldman, Sachs & Co. is acting as sole book-running manager for this offering.
An effective registration statement relating to the securities was filed with the Securities and Exchange Commission on September 25, 2012 and amended on September 28, 2012. The offering of these securities will be made only by means of a prospectus supplement and the accompanying prospectus. Copies of the final prospectus supplement and accompanying prospectus may be obtained from Goldman, Sachs & Co., via telephone: (866) 471-2526; facsimile: (212) 902-9316; email: prospectus-ny@ny.email.gs.com; or standard mail at Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282-2198.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Tesla
Tesla's goal is to accelerate the world's transition to electric mobility. Palo Alto, California-based Tesla designs and manufactures EVs and EV power train components for partners such as Toyota and Daimler. Tesla has delivered more than 2,350 Roadsters to customers worldwide. Model S, the first premium sedan to be built from the ground up as an electric vehicle, began deliveries in June 2012.
For additional information, please visit http://ir.teslamotors.com.
Contact Information:
Investor Relations Contact:
Jeff Evanson
Tesla Motors
Press Contact:
Christina Ra
Tesla Motors