In March 2007, Westly joined the board of Tesla Motors, a pioneering northern California manufacturer of electric sports cars. He is now a Managing Partner and founder of The Westly Group, one of the larger venture funds in the US focusing on smart energy, mobility, buildings, and cities.  The firm has successfully raised three funds and has 13 of the world's larger energy and auto companies as investors. The Westly Group has had four companies go public on NASDAQ including Tesla Motors.  