Tesla Motors, Inc. (NASDAQ:TSLA), incorporated in 2003, designs, develops, manufactures and sells fully electric vehicles and electric vehicle powertrain components. The Company commercially produces
an electric vehicle, the Tesla Roadster.
The Tesla Roadster has a battery pack capable of storing approximately 53 kilowatt-hours of usable energy. The Tesla Roadster has a range of 236 miles on a single charge. As of March 31, 2010, the
Company had sold 1,063 Tesla Roadsters to customers in 22 countries. It has also introduced a Roadster model, the Tesla Roadster 2 and the Roadster Sport, which accelerates from 0 to 60 miles per hour in 3.7
seconds. As of June 14, 2010, it operated a total of 12 Tesla stores in North America and Europe.