Selecting an attorney for legal cases is a very important decision. Please enter your information below to receive a Free Consultation from an attorney in your area:
Illinois Environmental News
Tesla Motors Secures $40 Million Investment
SAN CARLOS, California -- (May 31, 2006) -- Tesla Motors today announced the completion of its $40 million Series C financing led by VantagePoint Venture Partners, one of the largest CleanTech investors in Silicon Valley, and by Elon Musk, founder of Paypal and CEO of SpaceX. Other institutional investors include Draper Fisher Jurvetson and JP Morgan Bay Area Equity Fund. Several individuals with strong interest in CleanTech investment also participated, including Sergey Brin, Larry Page, Nick Pritzker (through his investment partnership, Tao LLC), and Jeff Skoll (through his investment company, Capricorn Management LLC). The financing will be used to launch the company's first product, a high performance electric sport scar, and to support final safety compliance testing and production. The company also announced that Jim Marver, managing partner and co-founder of VantagePoint Venture Partners, will join Tesla's Board of Directors.
"We are pleased to have VantagePoint Venture Partners as one of our lead investors on this round because of their commitment to hands-on investing, particularly in CleanTech companies," said Martin Eberhard, CEO of Tesla Motors, "and we are proud of Mr. Musk's continued confidence in Tesla Motors expressed through his strong participation in every round of financing and his leadership on the Board of Directors."
"Tesla is driving change throughout the CleanTech sector in bringing to market real-world innovations for consumers. The company will be instrumental in transforming the way that consumers view CleanTech products -- they can now have style and speed -- and be good for the environment," said Jim Marver of VantagePoint Venture Partners.
"By leading the technology change from gasoline to electric vehicles, I believe Tesla has the potential to be one of the great car companies of the 21st century," said Elon Musk, Chairman of Tesla Motors. "The starting point is a high performance sport scar, but the long term vision is to build cars of all kinds, including low cost family vehicles. Tesla is one of those rare opportunities to change the world in a positive way and build a valuable company in the process." Read more at teslamotors.com.
SARA is the Superfund Amendments and Reauthorization Act (1986)
Federal law reauthorizing and expanding the jurisdiction of CERCLA. Signed into law October 17, 1986. Title III of SARA is known as the Emergency Planning and Community Right- to-Know Act of 1986. It is a revision and extension of CERCLA.SARA is intended to encourage and support local and state emergency planning efforts. It provides citizens and local governments with information about potential chemical hazards in their communities. SARA calls for facilities that store hazardous materials to provide officials and citizens with data on the types (flammables, corrosives, etc.); amounts on hand (daily, yearly); and their specific locations.
Newsroom
Latest news about Environmental cases in Illinois and nationwide:
Definition:
Occurring over a short time, usually a few minutes or hours. An acute exposure can result in short term or long term health effects. An acute effect happens within a short time after exposure.
Superfund (federal and state)
Definition:
The federal and state programs to investigate and clean up inactive hazardous waste sites.
Ingestion
Definition:
Swallowing (such as eating or drinking). Chemicals in or on food, drink, utensils, cigarettes, hands, etc. can be ingested. After ingestion, chemicals may be absorbed into the blood and distributed throughout the body.
If you live in the following cities and need an Environment attorney you should contact
our Environment Attorney as soon as possible:
Arlington Heights
Aurora
Bartlett
Berwyn
Bolingbrook
Buffalo Grove
Carol Stream
Chicago
Chicago Heights
Cicero
Des Plaines
Elgin
Glenview
Granite City
Harvey
Joliet
Lockport
Lombard
Mchenry
Moline
Mount Prospect
Normal
Oak Lawn
Palatine
Plainfield
Tinley Park
Waukegan
Wheaton
Legal Disclaimers All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Illinois Environmental Lawyers.com is not intended to be legal advice, but merely conveys
general information related to legal issues commonly encountered. Your access
to and use of this website is subject to additional Terms
and Conditions.
Local Professional? Generate new business today
Call 866-227-9356 or contact a sales rep
Did You Know?