Tesla Motors

Deliveries of 27 Tesla Roadsters Completed to Date, Production and Delivery of Roadsters To Accelerate with Final Powertrain Solution

SAN CARLOS, Calif., Sep 09, 2008 -- Tesla Motors Inc. has selected BorgWarner Inc. for the production of a single-speed gearbox for the Tesla Roadster and is initiating a ramped-up production rate. So far, 27 customers have taken delivery of Roadsters.

2008 Tesla Roadster

Official testing achieves 245 miles range on EPA combined cycle

* Michael Marks, CEO of Tesla Motors, has established a production goal of 50 cars in the first quarter of 2008, followed by an additional 600 cars for the remainder of the year.

* Tesla has been engaging in intensive durability and validation testing of final prototype cars (known as “validation prototypes.”)

2008 Tesla Roadster

* This production schedule provides the opportunity to ensure that the all aspects of the production cars meet the level of quality and reliability that is expected when shipped to customers.