Tesla Motors Joins the Electric Drive Transportation Association

Tesla Motors, the California-based manufacturer of performance electric cars, has joined the Electric Drive Transportation Association (EDTA), the leading industry association working to accelerate the adoption of battery, hybrid and fuel cell vehicles and supporting infrastructure.

August 14, 2006--Washington, DC—Tesla Motors, the California-based manufacturer of performance electric cars, has joined the Electric Drive Transportation Association (EDTA), the leading industry association working to accelerate the adoption of battery, hybrid and fuel cell vehicles and supporting infrastructure.


Tesla recently unveiled their flagship vehicle—an all-electric roadster that will accelerate from 0-60 mph in four seconds, has a range of 250 miles, and produces zero emissions. Sales of the Tesla Roadster are anticipated to commence later this year for deliveries in mid-2007. However, reservations for the Signature 100 Edition - the first 100 production vehicles are already underway.

EDTA President Brian Wynne said today that "Tesla's technology and vision represent the leading edge of a new wave in the electric drive industry. We are very pleased to be teaming with this ground-breaking company to show policymakers and the public how electric drive technologies can address the twin challenges of energy security and environmental responsibility. "

"Tesla Motors is redefining the automotive industry by bringing a no-compromise driver's car to market that busts the traditional image of electric vehicles and legitimately competes with today's very finest sports cars, while producing zero emissions," says Martin Eberhard, co-founder and CEO of Tesla Motors. "Membership in EDTA gives us the opportunity to work with our peers toward sustainable transportation, and benefit from EDTA's work promoting the advancement of electric drive transportation technologies in Washington, DC."

About EDTA:

EDTA is the preeminent U.S. industry association dedicated to the promotion of electric drive as the best means to achieve a secure and sustainable transportation sector. As a unified voice for the electric drive industry, EDTA's membership includes a diverse representation of vehicle and equipment manufacturers, energy providers, component suppliers and end users. EDTA supports the commercialization of all electric drive transportation technologies through public policy advocacy, research and education, industry networking, and international conferences and exhibitions. For more information on EDTA, visit www.electricdrive.org.

About Tesla Motors:

Tesla Motors was founded in July 2003 by Martin Eberhard and Marc Tarpenning to create efficient electric cars for people who love to drive. The chairman of Tesla Motors, a privately held company, is Elon Musk, who has led or co-led all three rounds of investment resulting in $60 million in funding. The company currently employs over 80 people, including teams in California, the U.K. and Taiwan. The background and experience of Tesla Motors' employees mirrors the vehicle itself, drawing from diverse expertise in the electronics, automotive and software industries. Tesla Motors creates vehicles that conform to all U.S. safety, environmental and durability standards. Tesla Motors's cars include modern safety equipment such as airbags, front crumple zones, side impact protection, and 2˝ mph bumpers. For more information, visit www.teslamotors.com.


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EDTA Contact: Jennifer Watts
jwatts@electricdrive.org
202-408-0774 x6

Tesla Motors Contact: Dan Smith
dsmith@pcgcampbell.com
310-224-4954

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