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Wednesday, June 11, 2008
Tesla Inks Small Deal with Daimler
FOXBusiness

Tesla Motors, the maker of an electric sports car, has inked a technology deal with Daimler, said Chairman Elon Musk.
“We have a deal right now with Daimler. Its still in the early stages,” said Musk in an interview with Fox Business Network’s Liz Claman. “We have small deal that could potentially lead to a very big deal.”
According to Musk, Tesla’s electric sports car the Roadster, which gets 220 miles but costs $100,000, has been sold to more than 1,000 customers. The company, which started production a month ago, expects to produce 2,000 cars a year, said the executive.
Tesla is working on a cheaper version that will start at around $59,000. That electric car will be a four door sedan that fits five passengers, he said.
“Its has more than twice the energy efficiency than a Prius,” said Musk of the Tesla Roadster.
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