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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 ...
Last week, Tesla Motors CEO Elon Musk teased the idea of building a Tesla manufacturing plant in Texas. There's no denying that this idea seems far-fetched, ludicrous even, given Tesla's resources ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and U.S. Special Government Employee, best known for his key roles in Tesla, Inc. and SpaceX, and his ownership of Twitter. Musk is the wealthiest individual in the world; as of January 2025, Forbes estimates his net worth to be US$426 billion.
Since taking control of Tesla in 2008, Musk has relied on several executives to help make it the biggest EV manufacturer in the world. One top Musk lieutenant is Omead Afshar, a former ski ...
He founded Tesla in 2003 and is also the CEO of the electric automaker. Tesla has a market cap of $846.47 billion, as of July 21. SpaceX is not publicly traded but is valued at $127 billion, as of ...
Tesla moved its headquarters from California to Texas in 2021, and opened its Texas gigafactory near Austin in 2022. The company currently produces Model Y cars there and plans to make its ...
As Tesla stock slumps post earnings on concern over profitability and new product reveals, one part of the business is surging: Tesla Energy. Why Tesla's high-growth Energy unit could be another ...