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About Tesla Company And Its History

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Tesla (formerly Tesla Motors ) is an American company that makes electric vehicles and (through its SolarCity subsidiary) electric energy storage solutions based in Palo Alto, California. Named after the world-famous electrical engineer and physicist Nikola Tesla.

Tesla’s products include electric vehicles, home-to-grid storage batteries, solar panels, and solar tiles, and other related products and services.

In 2019, Tesla became the world’s best-selling plug-in and battery-electric light vehicle manufacturer, with a market share of 17% in the plug-in segment and 23% in the electric battery segment.

Tesla delivered 499,550 vehicles in 2020 .

General Director Elon Musk

Investors of the Tesla Company.

The company’s investors include Google founders Larry Page and Sergey Brin, eBay founder and president Jeffrey Skoll, Daimler AG, Toyota (invested about $ 50 million), and Elon Musk. At the first stage, Elon Musk invested the most – $ 70 million, earned from the sale of his stake in PayPal.

Capitalization of Tesla Company. In 2020, the company’s market value increased eightfold. On January 6, 2021, Tesla was estimated at $ 800 billion, Tesla’s market capitalization surpasses the 9 largest automakers combined.

In 2020, the company’s total net profit was $ 721 million, compared to a net loss of $ 862 million in 2019.

The production capacity of Tesla Inc.

Tesla Factory is a factory in Fremont, California. Previously called NUMMI, it was a joint venture between General Motors and Toyota, opened in 1984; Tesla Motors bought it from Toyota in 2010 for $ 42 million.

The Gigafactory 1 battery plant in Nevada – the largest in the world – will produce 500,000 batteries for electric vehicles from 2020.

Tesla’s Shanghai plant, the first outside the US, officially opened in January 2020.

The company is SKD assembling a Tesla Model S in Tilburg, the Netherlands. Tesla’s second overseas plant will appear in Germany. On February 13, 2020, Tesla began preparations for the construction of its first European electric vehicle plant.

Tesla Inc. Car models. As of March 2020, Tesla offers four car models: Model S, Model 3, Model X and Model Y. The company’s first vehicle, the first generation Tesla Roadster, is no longer for sale.

History of Tesla Inc.

Tesla (founded as Tesla Motors) was incorporated on July 1, 2003 by Martin Eberhard and Mark Tarpenning. Ian Wright was the third Tesla employee to join a few months later. In February 2004, the three founders raised an investment of $ 7.5 million, with Elon Musk contributing $ 6.5 million. Musk became chairman of the board of directors and appointed Eberhard CEO.

Tesla’s goal was to start with a premium sports car aimed at early adopters and then move on to more mainstream vehicles, including sedans and affordable compact cars. Tesla’s first prototypes were officially unveiled to the public on July 19, 2006 in Santa Monica, California.

In 2006, Musk succeeded in raising $ 100 million through several rounds of funding from investment funds and prominent entrepreneurs (including the Google co-founders) . As a result, Tesla began production of its first Roadster in 2008.

The Tesla Roadster, the company’s first vehicle, is the first production vehicle to use lithium-ion batteries and the first production electric vehicle with a range of over 200 miles (320 km) on a single charge. The sports model accelerates from 0 to 60 mph (97 km / h) in 3.7 seconds and is twice as energy efficient as the Toyota Prius, according to an environmental analysis by Tesla Motors. From 2008 to March 2012, Tesla Motors has sold over 2,250 roadsters in 31 countries.

Tesla Motors unveiled an all-electric sedan on March 26, 2009 .

In January 2010, Tesla received a $ 465 million loan from the US Department of Energy , which the company repaid in 2013. In May 2010, Tesla began construction of a factory in Fremont, California for the Model S.

Tesla began an initial public offering (IPO) on the NASDAQ on June 29, 2010, becoming the first American auto company to IPO since Ford Motor in 1956. This gave the company access to its largest source of funding.

In June 2012, Tesla began production of its second car , the Model S. In July 2017, Tesla began selling the Model 3 sedan.

In May 2017, Elon Musk presented a development plan for the company, providing for the addition of electric vehicles and a truck to the lineup.

In 2019 Tesla foreclosure la Maxwell battery manufacturer, the amount of the transaction was approximately $ 218 million.

On March 14, 2019, a new Tesla Model Y was presented. The serial production is expected in 2021.

In November 2020, Tesla, Uber, and 26 other US companies formed the Zero Emission Transport Association (ZETA), which will lobby for an increase in the number of electric vehicles in the US. The association will advocate for national policy changes that will push the industry towards a full transition to electric vehicles in the light, medium, and heavy-duty transport sectors by 2030 y.

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