Update: According to Earth2Tech, this deal is off the table... and may have never been on it to begin with. GE Capital was apparently "closely watching" Tesla, but there had been no official deal. When the site reached out to Tesla, here's what they had to say:
GE had committed to invest in Tesla and sent an e-mail confirming the investment, but GE backed out on the day it was supposed to wire funds to Tesla. The decision came after GE went into company-wide capital conservation mode.So, really, no kind of investment at all. If you were a Tesla shareholder, you'd probably be thinking about putting a tighter leash on Elon Musk right around now.
Update 2: Here's a statement directly from Tesla:
GE has not invested in Tesla.Read - GE Invests In Tesla
When Car & Driver interviewed Elon Musk a couple months ago, GE had committed to invest in Tesla and had sent an e-mail confirming the investment. But GE backed out on the day it was supposed to wire funds to Tesla. The decision came after GE went into company-wide capital conservation mode.
In any case, GE's investment allocation was taken up by venture capital firms Westly Group, Technology Partners and Draper Fisher Jurvetson, and Tesla closed the $40 million round without a problem earlier this year.
Read - GE "Watching" Tesla, Does Not (Yet) Invest