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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 ...
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 Tesla Model 3 surpassed the Nissan Leaf in early 2020 to become the world's best selling electric car ever, with more than 500,000 total units sold by March 2020. [208] However, the Tesla Model Y is the bestselling electric vehicle in terms of yearly units. [ 223 ]
Musk joined Tesla as an investor in 2004 and became chairman of its board of directors, eventually becoming CEO in 2008. Tesla launched its first car in 2008, and its Model S, launched in 2012 ...
While Tesla has had its share of problems, there's no denying that the company has helped electric vehicles become more mainstream. In 2018, ten years after launching its original Roadster, Tesla ...
Elon Musk adds $30 billion to his net worth in a single day: ‘Tesla will become the most powerful company in the world’ Brooke Seipel Updated October 25, 2024 at 10:34 AM
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. He is also known for his ownership of X Corp. (the company that operates the social media platform X, formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
Tesla’s stock has more than tripled since the start of the year, giving it a market capitalization larger than many behemoths of American industry. ... How Tesla Became the Most Valuable Auto ...