Tesla Motors Announces Major European Distribution Center in the Netherlands

Palo Alto, California And Tilburg, Netherlands (ots/PRNewswire) -

New facility will serve as final Model S assembly point, vehicle
distribution hub and regional service center

As a key step towards beginning worldwide distribution of Model S,
Tesla Motors [http://www.teslamotors.com ] announced today that it
will begin operations this month at its new European Distribution
Center in Tilburg, Netherlands. This new facility will serve as
Tesla's European service and parts headquarters, as well as the final
assembly and distribution point for Model S vehicles sold in Europe.
General production of European left-hand drive Model S is planned to
begin in March 2013.

Tesla's new 18,900 square meter facility is centrally located to
enable efficient, timely and cost effective operations throughout
Europe. Starting this month, the new distribution center will begin
stocking parts for both the Tesla Roadster and Model S. In addition
to parts warehousing, Tesla plans to utilize this facility for
vehicle importing operations, final vehicle assembly and
distribution, service headquarters, technical training operations,
parts remanufacturing, collision repair and more. The new Tesla
European Distribution Center will lead to the creation of
approximately 50 jobs in the next few years.

Tesla's decision to locate the new European Distribution Center in
Tilburg is the result of almost two years of on-going cooperation
between Tesla, BOM Foreign Investments, NFIA (Netherlands Foreign
Investment Agency), CBRE Group, Inc. and the City of Tilburg.

About Model S

Model S [http://www.teslamotors.com/models ] is the world's first
premium sedan built from the ground up as an electric vehicle and has
been engineered to elevate the public's expectations of what a
premium sedan can be. At the heart of Model S is the proven Tesla
powertrain, delivering both unprecedented range and a thrilling drive
experience. With a rigid body structure, nearly 50/50 weight
distribution and a remarkably low center of gravity, Model S offers
the responsiveness and agility expected from the world's best sports
cars while providing the ride quality of a luxury performance sedan.
Model S has received many of the industry's most prestigious awards
and accolades during its first year on the market.

Model S offers multiple battery options that set the benchmark for
electric driving range. All batteries use automotive-grade
lithium-ion cells arranged for optimal energy density, thermal
management, and safety.

Without an internal combustion engine or transmission tunnel, the
interior of Model S has more cargo space than any other sedan in its
class and includes a second trunk under the hood. The Model S
interior features a 17 inch in-dash touchscreen with Internet
capabilities, allowing for streaming radio, web browsing and
navigation.

About Tesla

Tesla's goal is to accelerate the world's transition to electric
mobility with a full range of increasingly affordable electric cars.
California-based Tesla designs and manufactures EVs, as well as EV
powertrain components for partners such as Toyota and Daimler. Tesla
has delivered more than 2,400 Roadsters to customers worldwide. Model
S, the world's first premium sedan to be engineered from the ground
up as

an electric vehicle, began deliveries to U.S. customers in June of
this year. Tesla has already received more than 13,000 reservations
worldwide for Model S.

Individuals interested in employment at the Tesla European
Distribution Center in Tilburg should send resumes and inquiries to
[email protected].

Interested in keeping up with Tesla Motors? For more information on
Tesla Motors and its products, please visit: teslamotors.com
[http://www.teslamotors.com ] For more information for Tesla Motors
investors, please visit: ir.teslamotors.com
[http://ir.teslamotors.com ] For the latest information from Tesla
Motors, including press releases and the Tesla blog, please visit:
teslamotors.com/press [http://www.teslamotors.com/about/press ]

Forward-Looking Statements

Certain statements in this press release, including statements
regarding the plans for the new Tesla European Distribution Center,
are "forward-looking statements" that are subject to risks and
uncertainties. These forward-looking statements are based on
management's current expectations. Various important factors could
cause actual results to differ materially, including the risks
identified in our SEC filings. Tesla disclaims any obligation to
update this information.

Tesla Motors Media Contacts:

Kathrin Schira, [email protected], +49-151-161-59991

Roberto Toro, [email protected], +39-342-5000-743

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | PRN

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