Tesla Motors Begins Regular Production of 2008 Tesla Roadster

Regular production of the 2008 Tesla Roadster commenced today,
marking an historical milestone for Tesla Motors and a watershed in
the development of clean, zero-emissions vehicles.

First unveiled as a prototype on July 19th, 2006, the
revolutionary Tesla Roadster generated an extraordinary response from
people everywhere who were inspired by the vision that beautiful, high
performance cars could generate zero-emissions and burn no oil.

Less than 2 years later, this vision has become a reality as Tesla
Motors begins production of this breakthrough electric vehicle. The
2008 model year is sold out and Tesla is currently taking reservations
for the 2009 model year Tesla Roadster. To date, over 900 Tesla
Roadsters have been reserved in total.

Through the course of development of the Roadster, Tesla Motors
has established a leadership position in EV technology which it plans
to extend over the next years, leading to the introduction of its next
model, a five passenger sports sedan, in 2010.

Tesla Motors president and CEO, Ze´ev Drori, comments further on
this important milestone on the corporate blog at
http://www.teslamotors.com/blog2/?p=57.

About Tesla Motors

Tesla Motors develops and manufactures electric vehicles with
exceptional design, performance and efficiency, while conforming to
all U.S. safety, environmental and durability standards. The Tesla
Roadster is the only highway capable production electric car of any
kind for sale in the United States.

With a 0 to 60 mph acceleration of 3.9 seconds, a 13,000 rpm
redline, and the fastest top gear acceleration of any production car
tested by Car & Driver magazine in 2007, combined with an EPA rating
of 135 MPG equivalent, the Tesla Roadster is unique in providing super
car performance at twice the energy efficiency of the best hybrids.
For more information, visit www.teslamotors.com.