ID: 33024

25.03.24

Investment projects and startups in Ukraine

ELMOB US - Investments in Tesla Car Service in California

Leading provider of electric car sales and restoration in Ukraine expands to the Los Angeles area and seeks investments

Location:

California, USA

  • Sector: Retail
  • Business activity: Motor vehicles
  • Stage: Early Stage
  • Required investments: $100 000
  • Type of investment: Debt financing

ELMOB, a company with years of experience in restoring and servicing Tesla cars in Ukraine, is embarking on a new venture in California. Over the past decade, we have become experts in our field, and now we are expanding into the world's largest Tesla market.

According to recent studies, California is the hub of technological innovation and a leader in electric vehicle adoption. In 2023, one in every eight cars sold in the state was a Tesla (source: electrek.co). This presents immense opportunities for our business. The significant number of Teslas in California creates a huge demand for servicing. Official service centers often have long queues and high repair costs. Our goal is to address these issues promptly and affordably. We plan to provide fast and accessible servicing for Tesla owners, reducing wait times and costs.

Additional components of our business model include restoring and selling Tesla cars from Copart and IAAI auctions, as well as selling spare parts.

What makes us unique? Our experience in Ukraine demonstrates that Tesla cars can be successfully restored and serviced, offering quality service at competitive prices. With us, you are investing not only in a business but also in the sustainability of innovative car servicing.

The investment is intended to be spent on equipment, purchasing cars for restoration, renting during the waiting period for a business license (3-4 months), and marketing. As of today, the founders have invested $30,000 of their own funds.

Founders: Serhii Dovhopolyi (Associate Partner at InVenture since 2013, former CTO of Delfast) and Zakhar Pashun (Founder and CEO of Elmob Ukraine).

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