Tesla Gets Investment, Delivers 700th Roadster

As part of the global expansion it is undertaking, Tesla Motors made an appearance at the Frankfurt Auto Show, and a big one at that! There has been a lot of introductions happening, but some big news happened on the business side of things there well.

There's not a whole lot of information about the whole deal as of yet, but apparently equity investment company Fjord Capital Management has invested $82.5 million in Tesla. That's no small bit of cash, and it comes on the heels of a recent string of positive news for Tesla - DOE government loan approval for the Model S, worldwide real store openings and hitting the goal of profitability for the first time.

If you remember, the outlook for Tesla last year was bleak, with the company running low on cash, the markets declining and the prospect of a government loan looking uncertain.

Tesla CEO Elon Musk says the company wasn't even looking for the money, calling it an "opportunistic investment." Very interesting! In other good news, the 700th Roadster has been delivered as well. The electric blue Roadster Sport was sold to 24-year-old German law student Lennart Hennig. Must be nice!