The Tesla Investment Holdings LLC Board of Directors is fully committed to supporting a “no” vote on Articles 3 and 4 at the June 25, 2025 Lincoln Special Town Meeting to block the Rural Land Foundation of Lincoln’s (RLF) Nature Link project, which proposes adding a 20-home single-family condo development to the six-acre Panetta property. We stand with you to protect Lincoln’s rural character and ecological integrity.
To counter RLF and Civico’s claims that our rewilding offer is a distraction, we provide this unified, formal statement of our plan to purchase the Panetta land and rewild it, in line with Lincoln’s vision statement: “Lincoln is a town that cherishes its rural, agricultural character, its small-town heritage, its open space, and its historical legacy.”
Concerns with the Nature Link plan
- Wildlife disruption — Developing Panetta land disrupts natural wildlife corridors revitalized by TendingYourYard.org‘s rewilding site at 100 Page Rd. in Lincoln, which has attracted bald eagles, pollinators, and other species.
- Oversized luxury development — The 20 homes, with 17 estimated to cost ~$1 million and up, contributes only the minimum required three affordable units to the town’s housing stock. All homes carry HOA fees, making even “affordable” options out of reach for most.
- Watershed risk — A large septic system on Farrington Trust conservation land undermining environmental integrity.
- Taxpayer burden — Lincoln’s $950,000 taxpayer-funded Community Preservation Committee (CPC) money indirectly subsidizes developer profits, allowing Civico to build more substantially more units than they would have been able to do otherwise.
- Lack of transparency — This deal was negotiated behind closed doors, without public input or any advance notice to abutters. Keeping the community in the dark not only excluded valuable alternatives like our rewilding proposal, it also significantly limited what was possible for the site and the town.
Longtime Lincoln residents and founders of the nonprofit Tending Your Yard, Tending the Earth will expand their nonprofit with a vision to rewild the Panetta land.
A sustainable alternative: rewilding the Panetta property
- Farrington conservation land can still be conserved — Our plan supports all aspects of RLF’s proposal — Farrington’s conservation, Lincoln’s CPC contribution toward conservation, and Cambridge’s watershed protection. The only major difference is that Civico’s luxury condo development will be replaced with land preservation and their large septic system located in the middle of new conservation land will no longer be required. Our rewilding secures Panetta’s legacy and conserves Farrington’s future.
- Farrington easement — We will grant Farrington Trust a vehicle easement for environmental training, aligned with TendingYourYard.org’s mission, after they transfer 2–3 acres (~$1 million value) to the Panetta property deed, as agreed in the Nature Link project, expanding conservation to 8-9 acres. As with the Nature Link proposal, the access ceases if Farrington sells their land or repurposes it against their conservation charter.
- Rewilding vision — TendingYourYard.org will rewild the land (native plantings, trails, educational center) without disturbing existing buildings (two houses, one barn), which may need repairs. Detailed plans (e.g., budget, scope) will require weeks of on-site assessment and community input post-“no” vote.
Tesla Investment Holdings LLC’s commitment
- On June 10, 2025, the Tesla Investment Holdings LLC board approved a $3.3 million distribution from our Schwab brokerage account, payable immediately, to replace Civico’s $3.3 million in the Nature Link plan and secure the Panetta land deed from the RLF.
- TendingYourYard.org, a nonprofit created by Arline Sutherland’s Irrevocable Trust (a major Tesla Investment Holdings LLC shareholder), requested that Tesla allocate $3.3 million to hold the Panetta property for rewilding, similar to our successful site at 100 Page Road. Jeff and Arline Sutherland are Lincoln residents and abutters to the Panetta land.
Financial assurance
- Tesla Investment Holdings LLC manages an $80 million fund with over $12 million in loans to partner organizations. The $3.3 million check, authorized by our board, is immediately available from our Schwab brokerage account.
- Yesim Taskor, our CFO and a Farrington Trust abutter, can verify the offer’s legitimacy and provide financials to RLF or the Town of Lincoln upon request.
- Dennis Murphy of Hill Law is our land trust lawyer and has reviewed this document.
Why our offer wins
- Immediate funding — Our $3.3 million check is ready today, unlike other unfunded proposals. RLF provides the Panetta deed, and we close swiftly, no rezoning required.
- Community benefits — Rewilding avoids oversized condo development and septic risks, supports Farrington’s conservation, and aligns with Lincoln’s vision statement and intended use of CPC funds.
- Open discussion — A “no” vote enables community input on all proposals, unlike Nature Link’s rushed, opaque process.
Our “rewilding Panetta” proposal is a true win-win for our town, our residents, and our natural environment—but it is only possible with a “no” vote on Articles 3 and 4 at the Special Town Meeting on June 25 at 6:30pm.
Sincerely,
The Board of Directors, Tesla Investment Holdings LLC (100 Page Rd., Lincoln):
-
- Jeffrey Sutherland (CEO, JVS Management Inc.; managing partner, Tesla Investment Holdings LLC)
- Reverend Arline Conan Sutherland (Arline Sutherland’s Irrevocable Massachusetts Trust; shareholder, Tesla Investment Holdings LLC; creator, TendingYourYard.org)
“My Turn” is a forum for readers to offer their letters to the editor or views on any subject of interest to other Lincolnites. Submissions must be signed with the writer’s name and street address and sent via email to lincolnsquirrelnews@gmail.com. Items will be edited for punctuation, spelling, style, etc., and will be published at the discretion of the editor. Submissions containing personal attacks, errors of fact, or other inappropriate material will not be published.



