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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.
On November 21, 2017, Bloomberg stated that "over the past 12 months, the electric-car maker has been burning money at a clip of about $8,000 a minute (or $480,000 an hour)" preparing for Model 3. [139] In April 2018, Musk increased the 5000 per week number by 20%, forecasting Tesla could achieve 6,000 units per week by the end of June 2018. [140]
The first electric car came out in the 1800s, but quickly lost steam thanks to Henry Ford. It took another innovator to bring them back into the mainstream over 100 years later. How Elon Musk and ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and political figure known for his key roles in the automotive company Tesla, Inc. and the space company SpaceX. 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 ...
In 2002, JB Straubel was convinced that lithium-ion batteries were the future of electric vehicles. He just couldn't get the funding he needed to pursue the idea. Not until he met Elon Musk, who...
Tesla boss Elon Musk introduces the newly unveiled all-electric battery-powered Tesla Cybertruck at Tesla Design Center in Hawthorne, California on 21 November 2019 (AFP/Getty)
By September 2022, Elon Musk had reluctantly accepted the recommendation of Tesla executives Franz von Holzhausen and Lars Moravy that the next-generation vehicle platform could support both a small, inexpensive, mass-market car—as well as a self-driving "Robotaxi" that would be built with no steering wheel at all—and that both could be ...
Elon Musk believes Chinese car companies will ... smartphone giant Xiaomi unveiled its first electric vehicle—and said it aims to become, as CEO Lei Jun put it, “one of the world’s top five ...
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