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 Partners. 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.

UPDATE: An earlier version of this post incorrectly stated the investment was from Fjord Capital Management.

[Source: Bloomberg]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Cars for Sale Near You

    Share This Photo X