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Tesla Motors to Open Auto Sales and Service Center in Menlo Park

July 31, 2007

MENLO PARK, Calif. - The City of Menlo Park announced on July 31 that Tesla Motors has entered into an agreement to open a sales showroom and servicing operation at 300 El Camino Real in the City of Menlo Park. An arrangement has been finalized with the property owner, Stanford University, to lease this site to Tesla Motors, manufacturer of the Tesla Roadster electric car. The 2.6-acre property was formerly leased by Anderson Chevrolet, which closed its operation there in February 2006.

Tesla Motors, a manufacturer of beautiful, high-performance electric vehicles, chose Menlo Park after an extensive search for its Northern California sales and service center. “The location has great visibility with the types of people who are likely to consider buying a Tesla, and is also very well suited for our sales and service plans,” said Mike Harrigan, Vice President of Customer Service & Support for Tesla Motors. “It’s ideal for us,” he added.

"Tesla Motors is an exceptionally good fit for Menlo Park," says Mayor Kelly Fergusson, "Tesla's vehicles and corporate philosophy are consistent with Menlo Park's history and culture of innovation, high-tech investment, and emphasis on green technology." She added, "Tesla is a keystone in creating a 'Green Alley' destination shopping area for alternative energy vehicles and green retail on El Camino Real."

“Stanford is pleased with the successful lease negotiations with Tesla Motors and we are happy to welcome them as a new tenant,” said Leonie Batkin, Director of Property Services for the Office of Stanford Real Estate.

According to David Johnson, Business Development Manager for the City of Menlo Park, the city estimates that the dealership could be open for business before the end of the year. Immediate steps toward the anticipated opening are already underway with the City’s Planning and Building Department. Since this is a permitted use on El Camino Real, a General Plan amendment and Zoning Ordinance change are not necessary.

Tesla Motors, headquartered in the City of San Carlos, will soon begin production of its first in a series of environmentally friendly vehicles, the Tesla Roadster. Tesla promotes its Roadster as a revolution in automotive design, as it is the first vehicle to successfully combine beautiful styling, high performance and zero emissions. The Tesla Roadster accelerates from 0 to 60 in about 4 seconds, has a range of over 200 miles, and produces zero emissions. A 4-door sedan is also under development with an expected release in 2010.


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