A brief history of Tesla Inc.

Tesla, Inc. formerly known as Tesla motors was founded in 2003 by American engineers Martin Eberhard and Marc Tarpenning in San Carlos, California, USA. Tesla company is now headquartered in Austin, Texas. The company majors in clean energy generation, electric vehicles, solar panels, and other storage products. The company ranks top in the automotive renewable energy industry and is worth US$760 billion.

The reason that triggers the idea is, to prove that, “electric vehicles can be better, quicker and fun to drive than gasoline cars”. It can bring ease and mobility and also cut expenses and stress of buying gas. Tesla believes that ” the faster the world stops relying on fossil fuels and moves towards a zero-emission future, the better. Among the aims and goals of the company is to produce products that are affordable and accessible to people.

How it all started and going.

While we all know Elon Musk to be the CEO of Tesla, Musk happen to join the company in 2004. He invested $30 million into the company and became the chairman of the board of directors. The company was founded by Martin Eberhard and Marc Tarpening as a technology and car manufacturing company, with the dreams of building an entirely elastic sports car which was unveiled in 2008 as the “Tesla Roadster”. A lawsuit statement in 2009 as per Everhard’s accords allows Eberhard, Terpening, Wright, Strauby, and Musk to be co-founders.

Tesla rolled out its first electric car ‘The Roadster‘ in 2006. The company was able to deliver 147 cars which raised a total amount of $187 dollars, then the company relays on private funding. After Tesla suffered a financial crisis, Musk took over the company and became CEO on October 15, 2008. Tesla later ceased production of the Roadster. The company launched the ‘Model s Sedan in June 2012. The reign of Musk as Ceo brought about the expansion of Tesla. The Model S won several awards and became the first electric car to too monthly sales ranking of a country.

Tesla model s sedan 2012

Tesla later rolled out Tesla autopilot, a driver assistance system, in 2014, tesla ventured into the energy storage market, unveiling its tesla power wall (home) and Tesla powerpack. The company received orders valued at $800 million within a week of its launching in September 2019, Tesla acquired polarity in November 2016 with other colossal productions including the model Y expansion in 2019 and till the present. From 2015-2020 Tesla acquired companies and it hits its goal of building 0.5 million cars in 2020, ending the year with $19 billion. Tesla also invested in Bitcoin in 2021 as well as accepted bitcoin as a form of payment on march 24.

Tesla model Y

(Photo credit: Getty Images)

The company channels more energy in creating solar electric vehicles, solar panels, and roofs. As of 2021, the company has a network of 655 retail stores/galleries, service centers, and more than 30,000 superchargers (charging portals) in over 3,100 locations including North America, Europe, East Asia, and the middle east, and others.

Over the years the company’s journey has made the a priori achievement without setbacks yet it came out as the best.

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