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Tesla was incorporated (as Tesla Motors) on July 1, 2003, by Martin Eberhard and Marc Tarpenning in San Carlos, California. [2] [3] [4] The founders were influenced to start the company after General Motors recalled all its EV1 electric cars in 2003 and then destroyed them, [5] and seeing the higher fuel efficiency of battery-electric cars as an opportunity to break the usual correlation ...
The Tesla Roadster is a battery electric sportscar with 244 miles (393 km) (EPA) range. On November 30, 2007, Tesla released a press release titled "Martin Eberhard, Co-founder of Tesla Motors, to Transition to Advisory Board." [15] Fortune magazine reported in December 2007 that chairman Elon Musk had asked Eberhard to leave.
Elon Reeve Musk (/ ˈ iː l ɒ n / EE-lon; born June 28, 1971) is a businessman known for his key roles in Tesla, Inc., SpaceX, and Twitter (which he rebranded as X).Since 2025, he has been a senior advisor to United States president Donald Trump and de facto head of the Department of Government Efficiency (DOGE).
Tesla, Inc. (/ ˈ t ɛ s l ə / ⓘ TESS-lə or / ˈ t ɛ z l ə / TEZ-lə [a]) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
The two co-founders funded the company until early 2004, when Elon Musk led the company's $6.5 million Series A financing round in February 2004 and became the chairman of the board. [10] Tarpenning continued to serve as the chief financial officer (CFO) and the Vice President of Electrical Engineering in Tesla until 2008.
Straubel joined Tesla as its fifth employee in 2004, [6] and is named as a co-founder. [7] He was its inaugural chief technical officer [3] until moving to an advisory role in July 2019. [4] At Tesla, Straubel led battery cell design, supply chain and led the first Gigafactory concept through the production
A judge struck down Eberhard's claim that he was one of only two company founders. [69] Tesla said in a statement that the ruling is "consistent with Tesla's belief in a team of founders, including the company's current CEO and Product Architect Elon Musk, and Chief Technology Officer JB Straubel, who were both fundamental to the creation of ...
[5] [6] [7] Musk is also the co-founder and chairman of Square Roots, an urban farming company growing food in hydroponic, indoor, climate controlled shipping containers. [8] [9] [10] Musk sits on the boards of Tesla Inc. and SpaceX; his brother Elon is the CEO of both companies. [11] He was on the board of Chipotle Mexican Grill [12] from 2013 ...
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