Go to Frankfurt, get $82.5 million. That’s sort of what happened to Tesla Motors, which is at the big auto show this week and received the “opportunistic” equity investment from a group led by Fjord Capital Management. Tesla CEO Elon Musk said that his company was “not looking for money,” but did not turn down the offer. FCM’s slogan is “clean energy investments for a low carbon world.” Bloomberg reports that the FCM money might be used for expanding Tesla’s retail stores around the world. Earlier this year, Daimler invested in the electric car start-up.
Also in Frankfurt, Tesla delivered the 700th Roadster to 24-year-old German law student Lennart Hennig. The young man didn’t just opt for the standard Roadster, either. Henning is now the proud owner of an electric blue Roadster Sport.
REPORT: Tesla gets $82.5 million investment; delivers 700th Roadster originally appeared on Autoblog Green on Tue, 15 Sep 2009 19:40:00 EST. Please see our terms for use of feeds.