Tesla's ambition is to demonstrate that the electric car can be superior to the petrol car in every way. The technology is based on the AC motor patented in 1888 by Nikola Tesla (1856-1943), after whom the company is named.

The afternoon began with a visit to Bill and Tim Draper, venture capitalists with many years of experience. They have been early supporters of companies such as Skype, Hotmail and DivX.

The event 'The Nordics and Silicon Valley – From Startup to Success' was held in the evening at the Computer History Museum in Mountain View, 50 km south of San Francisco. Swedish and Nordic companies were presented to The Crown Princess Couple and other invited guests. The event was hosted by Nordic Innovation House , which helps to introduce Nordic technology companies in Silicon Valley. Nordic Innovation House is owned and operated jointly by the Nordic countries.