The California based automotive start-up Tesla Motors got 40 million Dollars. But not from venture capitalists this time. Tesla secured the 40 million $ in convertible debt, after their last try to raise 100 million $ last month failed.
I personally hope that this is not the beginning of the end of an inspiring start-up, because I was really impressed when I visited the company at Menlo Park this summer. And of course I also want to see the Tesla roadster on german streets too;)
Source: TechCrunch
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