Tesla Motors, Inc. - S-1 Registration Statement Amendment
This document, filed with the Securities and Exchange Commission on April 29, 2010, details an amendment to Tesla Motors, Inc.'s S-1 registration statement. It outlines the company's initial public offering of common stock and provides an overview of its business, which centers on the design, manufacture, and sale of high-performance electric vehicles and advanced electric vehicle powertrain components.
Tesla Motors, Inc. is presented as a company intentionally departing from the traditional automotive industry model by exclusively focusing on electric powertrain technology and owning its sales and service network. The document highlights the Tesla Roadster as the first federally-compliant highway-capable electric vehicle, emphasizing its market-leading range, attractive design, and zero tailpipe emissions. It also introduces the planned Tesla Model S sedan, designed to offer a premium experience with exceptional performance and functionality.
The filing details Tesla's proprietary electric powertrain, which includes an advanced battery pack, power electronics module, high-efficiency motor, and control software. The company believes this core intellectual property will be the foundation for future vehicles. The document also touches upon Tesla's strategy, including rapid product development, a common platform for new models, integrated engineering and manufacturing capabilities, and expansion of its company-owned sales and service network.
Key personnel mentioned include Elon Musk, Chief Executive Officer. The document also lists legal counsel and underwriters involved in the offering.
For more detailed information, refer to the official SEC filing.