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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 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.
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).
The Founders Edition was the initial version to be launched, which featured limited edition badges and exclusive low profile golden trim parts. Depending on the 6-seater people carrier or 4-seater limousine models, the price is RMB ¥680,000 ($103,000) - RMB ¥800,000 ($121,000).
He spent 15 years at Tesla, [3] as chief technical officer until moving to an advisory role in July 2019. [4] In 2023, he was elected to the company's board of directors. In 2017, Straubel founded and became the CEO of Redwood Materials, Inc. , working on creating battery materials and products for lithium-ion batteries out of recycled batteries.
[47] [48] An attempt was made by Donut Media to launch a Hot Wheels Tesla Model X to the stratosphere using a weather balloon. [ 49 ] [ 50 ] ToSky, a Russian start-up, sent a scale model of a Soviet-era Lada carrying a mannequin of Roscosmos head Dmitry Rogozin to an altitude of 20 km (12 miles) to gather test data for the design of stratostats .
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