Timeline 346
clay of the design Barney Hatt had made.
Tesla had now 18 employees and they
also took out Mule 1 for a test drive- February. The now 23 employee strong
company needed more money, so they
made a series B funding. Not only Elon
Musk invested more money, but also
Valor Equity Partners. Tesla also opened
an office in UK close to the Lotus office - April-June. Tesla made a full-scale model
in clay of the Tesla Roadster - July. With 38 employees, they now tested
a plastic model of the Roadster in a wind
tunnel - August. Some of the 41 employees began
developing a motor - December. 63 employees and they began
to build the Mule 2 in fiberglass
2006- January. A drivable Mule 2 was finished
- April. The engineers thought the Road-
ster was finished so they made 10 en-
gineering prototypes (EP), which com-
pared to a Mule can (in theory) be pro-
duced - May. 92 employees and they finished the
first EP, called EP 1. Tesla raised a series
C round led by Vantage Point Partners
and Elon Musk