Tesla Motors raises $40 million (U.S.) more

What do ex-eBay billionaire Jeff Skoll, Paypal founder Elon Musk, and Google founders Larry Page and Sergey Brin have in common? They all want to see electric cars become the vehicles of the future.

These four Web pioneers have contributed to a $40 million (U.S.) Series C financing announced yesterday by Tesla Motors, which is aiming to lead the transition from gasoline-fuelled to electric cars.

Musk, chairman of Tesla Motors, co-led the financing along with VantagePoint Venture Partners. In addition to Skoll, Brin and Page, institutional investors that contributed include Draper Fisher Jurveston and JP Morgan Bay Area Equity Fund.

So what’s Tesla’s gameplan? Musk says the company has the potential to be one of the great car makers of the 21st century. “The starting point is a high performance sportscar, 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.”

I guess we’ll soon see exactly what they’re working on. The 70-employee company plans to reveal more details of its business and, more importantly, its cars in early July — Hmmm…. just in time for Nikola Tesla’s 150th birthday on July 10.

Classy guys, very classy.