Tesla Raises Another $85 Million in Funding ~ Hybrid Car Review
Hybrid Car Review: Tesla Raises Another $85 Million in Funding

Tuesday, September 15, 2009

Tesla Raises Another $85 Million in Funding

Tesla received another $82.5 million in funding from Daimler, Fjord Capital Partners, Aabar and other undisclosed investors. That brings the total investment to $783.5 million.

The most recent round of funding will go to accelerating the new retail locations in Monaco, Washington DC, South Florida and Toronto.

Source: Tesla Puts Another $82.5 Million In The Tank
Techcrunch notes that "Tesla has been on a roll recently" what with the recent fund raising, the government loans and another $50 million in equity that set their value at half a billion.

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