Today:
[FONT=&]New Facility Will Serve as Final Model S Assembly Point, VehicleDistribution Hub and Regional Service Center
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PALO ALTO,CA[/FONT] and TILBURG, NETHERLANDS-- (Marketwire) -- 12/12/12 -- As a key step towards beginningworldwide distribution of Model S, TeslaMotors (NASDAQ: TSLA) announced today that it will begin operationsthis month at its new European Distribution Center in Tilburg, Netherlands.This new facility will serve as Tesla's European service and partsheadquarters, as well as the final assembly and distribution point for Model Svehicles sold in Europe.General production of European left-hand drive Model S is planned to begin in March2013.
[FONT=&]Tesla's new 62,000 square foot facility is centrally located toenable efficient, timely and cost effective operations throughout Europe.Starting this month, the new distribution center will begin stocking parts forboth the Tesla Roadster and Model S. In addition to parts warehousing, Teslaplans to utilize this facility for vehicle importing operations, final vehicleassembly and distribution, service headquarters, technical training operations,parts remanufacturing, collision repair and more. The new Tesla EuropeanDistribution Center will lead to the creation of approximately 50 jobs in thenext few years.
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[FONT=&]Tesla's decision to locate the new European Distribution Center inTilburg is the result of almost two years of on-going cooperation betweenTesla, BOM Foreign Investments, NFIA (Netherlands Foreign Investment Agency),CBRE Group, Inc. and the City of Tilburg.
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[FONT=&]About Model S[/FONT][FONT=&]
[/FONT][FONT=&]ModelS is the world's first premium sedan built from the ground up as anelectric vehicle and has been engineered to elevate the public's expectationsof what a premium sedan can be. At the heart of Model S is the proven Teslapowertrain, delivering both unprecedented range and a thrilling driveexperience. With a rigid body structure, nearly 50/50 weight distribution and aremarkably low center of gravity, Model S offers the responsiveness and agilityexpected from the world's best sports cars while providing the ride quality ofa luxury performance sedan. Model S has received many of the industry's mostprestigious awards and accolades during its first year on the market.
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[FONT=&]Model S offers multiple battery options that set the benchmark forelectric driving range. All batteries use automotive-grade lithium-ion cellsarranged for optimal energy density, thermal management, and safety.
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[FONT=&]Without an internal combustion engine or transmission tunnel, theinterior of Model S has more cargo space than any other sedan in its class andincludes a second trunk under the hood. The Model S interior features a 17 inchin-dash touchscreen with Internet capabilities, allowing for streaming radio,web browsing and navigation.
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[FONT=&]About Tesla[/FONT][FONT=&]
[/FONT][FONT=&]Tesla's goal is to accelerate the world's transition to electricmobility with a full range of increasingly affordable electric cars. California-basedTesla designs and manufactures EVs, as well as EV powertrain components forpartners such as Toyota and Daimler.
Tesla has delivered more than 2,400Roadsters to customers worldwide. Model S, the world's first premium sedan tobe engineered from the ground up as an electric vehicle, began deliveries toU.S. customers in June of this year. Tesla has already received more than13,000 reservations worldwide for Model S.
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Individuals interested in employment at the Tesla EuropeanDistribution Center in Tilburg should send resumes and inquiries to [email protected].