Tesla Files S-1 Registration Statement for Initial Public Offering

Tesla Motors designs, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. The number of shares to be offered and the price range for the offering have not yet been determined.

Goldman, Sachs & Co., Morgan Stanley, J.P. Morgan and Deutsche Bank Securities are acting as the joint book-running managers for the offering.

When available, a copy of the preliminary 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, 85 Broad Street, New York, NY 10004; from Morgan Stanley & Co. Incorporated, via telephone: (866) 718-1649; email: prospectus@morganstanley.com; or standard mail at Morgan Stanley & Co. Incorporated, 180 Varick Street, New York, NY 10014, Attn: Prospectus Department; from J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling toll-free at 1-866-803-9204; or from Deutsche Bank Securities Inc., via telephone: (800) 503-4611; or standard mail at 100 Plaza One, Jersey City, New Jersey 07311 Attn: Prospectus Department.

At the core of Tesla Motors is the belief that an electric car need not be a driving sacrifice. We have brought the best of the automotive and technology worlds together to permanently bury the image of an electric car as a step backwards in performance, efficiency, or design. Our key technology is the 100% electric powertrain, which propels us in the present and simultaneously establishes a foundation for our future models. We set out to forever alter perceptions of electric vehicles and to make electric cars a viable alternative. We have produced a car that is at once beautiful and exciting to drive, along with being the most efficient production automobile on the planet.

Freedom of Choice

The very definition of automobile is freedom of motion. The word itself originated as a literal way to define a vehicle that moves under its own power without need for another vehicle – such as a horse or locomotive. Today the definition of automobile often includes association with an internal combustion engine. We’re here to change this definition one car at a time. The world will once again use the automobile to transport us free of convention. Tesla Motors will be part of this liberation. The Tesla Roadster moves not only under its own power, but ultimately free of the existing and increasingly troublesome petroleum-based infrastructure.

Passion for the Future

For 130,000 years humans looked upon the moon with wonder and speculation. On July 20, 1969 we walked on its surface. Sixty years ago a computer was comprised of more than 17,000 vacuum tubes and weighed 30 tons. Today one can place many times this same computing power in a jeans pocket. The end result of technological achievement is often so impressive that we forget the drive of the innovators behind the solution. While we are a technology company, we deliver our automotive innovation with enthusiasm and passion for design. We are engineers and designers. We are drivers and racers. We are executives. We are Tesla Motors.

Milestone Now

The Tesla Roadster is no longer a vision. Our automobile is not merely a claim. The Roadster is our first production car, and will not be our last. With a range of 244 miles on a single charge and a supercar level 3.7 second 0-60 mph acceleration time, the Roadster Sport is proof that the combination of passion and technology can deliver a truly groundbreaking automobile. The Tesla Roadster is just the beginning. We will use what we have created in the Roadster as a foundation for models to come. The 30-ton computer will easily fit in your pocket. The moon will not seem so far away. The car you drive will liberate you from convention. That car will be a Tesla.

Our Mission

Tesla Motors designs and sells high performance, super efficient electric cars. Tesla Motors cars join style, acceleration, and handling with advanced technologies that make them the quickest and the most energy-efficient cars on the planet.