PHOTO CAPTION: Elon Musk with SpaceX Falcon launch vehicle.

Elon Musk: Changing the World, One Industry at a Time

Tesla founder has had fast and furious year in 2010 from Wall Street IPO to successful space launch.

Published: 29-Dec-2010

For Elon Musk, CEO of Tesla Motors Inc., 2010 was fast and furious.

It was a year in which he secured a $465 million grant from the Department of Energy and raised $226 million in an IPO for his electric-vehicle company.

He hammered out a partnership with Toyota Motor Corp., which landed Tesla a $50 million investment and a $60 million deal to help develop the RAV4 EV. And he raised $30 million in a battery deal with Panasonic Corp.


Tesla Roadster recall affects 439 vehicles

12V auxiliary cable chafing in one car lead to short circuit. ID numbers below 500 are not affected.

Tesla Model S will come in three version with different ranges.

Model S battery pack is flatter and nearly the width and length of the car, and is embedded in the floor of the electric car.

2009-2011 Toyota RAV4 Sport is due for major facelift, including all-electric drive option being developed by Telsa Motors

Agreement is in addition to $50M Toyota paid for shares of Telsa in July 2010.


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