Here's Every Acquisition Tesla Has Ever Made

Tesla Motors Inc TSLA is going full throttle on inorganic growth. The electric carmaker announced Tuesday an agreement to acquire Purim, Germany-based Grohmann Engineering, which specializes in highly automated methods of manufacturing.

The deal allows Tesla a German foray, with the company seeing it as an initial base for its Tesla Advanced Automation Germany headquarters. Tesla is hoping to add more locations, going forward, and add 1,000 jobs in Germany.

With another deal announced, it is time to take a look at Tesla's deal history and its perspective on growth through acquisitions.

• Following a proposal to buy SolarCity Corp SCTY, Tesla announced an agreement to buy the provider of solar power systems in August 2016. The logic behind the deal: Solar and Storage are at their best when combined. The deal was structured as an all-stock transaction, valuing SolarCity at $25.37 per share. Recently, the deal received the approval of the Institutional Shareholder Services.
• A little over a year back, in May 2015, Tesla agreed to buy Riviera Tool , which makes stamping die systems. The target company was to be named as Tesla Tool & Die.
• Revealing his take on inorganic growth, Elon Musk, the CEO of Tesla, told investors in early November that he is open to considering acquisitions, provided they serve the purpose of expediting the production of Model 3, its mass-market electric car in the works. The Model 3 priced at $35,000 is scheduled to be delivered by 2017, although leaked info that has since then been refuted by the company pointed to a push back in the delivery date well into 2018.

At last check, Tesla shares were up 1.63 percent at $196.36.