Posted By Justin Byers, Lead Business Intelligence Analyst on February 3, 2010
Tesla Motors, Inc. recently filed a Form S-1 Registration Statement for a proposed IPO. This week we are going to take a look at their last round of financing from August 2009.
Tesla Motors, Inc. was founded in 2003 and is headquartered in San Carlos, California. The company engineers and manufactures electric vehicles. In September 2009, the company closed on a Series F round of financing in the amount of $82.5 MM. Some of those participating in this round were Blackstar Investco LLC (an affiliate of Daimler AG), Al Wahada Capital Investment LLC, and Fjord Capital Partners. The Deal Terms of this round were:
| Filing Date | 08/31/2009 |
| Liquidation Preference for the Current Round | Senior |
| Round of Financing | Series F |
| Round Direction | Up Round |
| Multiple of the Liquidation Preference | 0 – 1x |
| Type of Preferred Stock | Conventional Convertible |
| Anti-Dilution Protection | Weighted Average |
| Redemption at Investor’s Option | No |
| Pay-to-Play Provisions | No |
| Cumulative Dividends | No |
| Dividend Rate | 6% |
| Price Per Share | $2.9692 |
| Amount Raised in Current Round | $82.5 MM |
| Post-Money Valuation | $800 MM |

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