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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.
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 contract with Westinghouse turned over A.C. development and patents to the Westinghouse Corporation - and thus Tesla became wealthy from this keen business move. In 1893 the Westinghouse Company came to supply all lighting for the Chicago Worlds Fair / Columbian Exposition and introduced and employed the Tesla designed Polyphase system ...
The company's market value surged 38.1% to $1.1 trillion last month on reports that Donald Trump's transition team plans to relax federal regulations on self-driving cars, potentially simplifying ...
The analyst sees fair value for Tesla's stock at $275, up sizably from its current price of $123 in midday Friday trading. Gianarikas acknowledged, however, that the near-term is uncertain on ...
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Power Play: Tesla, Elon Musk, and the Bet of the Century is Tim Higgins's book about Tesla, Inc., published in 2021, that focuses on the company while under the management of Elon Musk. The book does not contain any interviews with Musk himself, but many anonymous current and former executives from Tesla. [ 1 ]
As Tesla car sales faltered, Musk delivered an optimistic pivot: Tesla isn't a car company. Sales fell 9% from a year ago in the most recent quarter, the first drop in four years.