Presentation of Tesla's six factories.

Presentation of Tesla's six factories.
Tesla, Inc. (/ˈtɛslə/ TESS-lə or /ˈtɛzlə/ TEZ-lə[a]) is an American multinational automotive and clean energy company headquartered in Austin, Texas, which designs and manufactures electric vehicles (cars and trucks), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services. Its subsidiary Tesla Energy develops and is a major installer of photovoltaic systems in the United States and is one of the largest global suppliers of battery energy storage systems with 6.5 gigawatt-hours (GWh) installed in 2022.

Tesla is one of the world's most valuable companies and, as of 2023, is the world's most valuable automaker. In 2022, the company led the battery electric vehicle market, with 18% share.

Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. The company's name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004, via a $6.5 million investment, Elon Musk became the company's largest shareholder. He became CEO in 2008. Tesla's announced mission is to create products which help "accelerate the world’s transition to sustainable energy."

The company began production of its first car model, the Roadster sports car, in 2008. This was followed by the Model S sedan in 2012, the Model X SUV in 2015, the Model 3 sedan in 2017, the Model Y crossover in 2020, the Tesla Semi truck in 2022 and the Cybertruck light-duty pickup truck in 2023.[7] The Model 3 is the all-time bestselling plug-in electric car worldwide, and in June 2021 became the first electric car to sell 1 million units globally.[8] Tesla's 2022 deliveries were around 1.31 million vehicles, a 40% increase over the previous year,[9][10] and cumulative sales totaled 4 million cars as of April 2023.[11] In October 2021, Tesla's market capitalization temporarily reached $1 trillion, the sixth company to do so in U.S. history.

Tesla has been the subject of lawsuits, government scrutiny, and journalistic criticism, stemming from allegations of whistleblower retaliation, worker rights violations, product defects, and Musk's many controversial statements.

Founding (2003–2004)
The company was incorporated as Tesla Motors, Inc. on July 1, 2003, by Martin Eberhard and Marc Tarpenning.[12][13] Eberhard and Tarpenning served as CEO and CFO, respectively.[14] Eberhard said that he wanted to build "a car manufacturer that is also a technology company", with its core technologies as "the battery, the computer software, and the proprietary motor".[15]

Ian Wright was Tesla's third employee, joining a few months later.[12] In February 2004, the company raised US$7.5 million (equivalent to $12 million in 2022) in series A funding, including $6.5 million (equivalent to $10 million in 2022) from Elon Musk, who had received $100 million from the sale of his interest in PayPal two years earlier. Musk became the chairman of the board of directors and the largest shareholder of Tesla.[16][17][14] J. B. Straubel joined Tesla in May 2004 as chief technical officer.[18]

A lawsuit settlement agreed to by Eberhard and Tesla in September 2009 allows all five – Eberhard, Tarpenning, Wright, Musk, and Straubel – to call themselves co-founders

Roadster (2005–2009)
Main article: Tesla Roadster (first generation)
Elon Musk took an active role within the company and oversaw Roadster product design at a detailed level, but was not deeply involved in day-to-day business operations.[20] The company's strategy was to start with a premium sports car aimed at early adopters and then move into more mainstream vehicles, including sedans and affordable compacts.[21]

In February 2006, Musk led Tesla's Series B venture capital funding round of $13 million, which added Valor Equity Partners to the funding team.[22][17] Musk co-led the third, $40 million round in May 2006 which saw investment from prominent entrepreneurs including Google co-founders Sergey Brin and Larry Page, and former eBay President Jeff Skoll.[23] A fourth round worth $45 million in May 2007 brought the total private financing investment to over $105 million.
Text Source : https://en.wikipedia.org/wiki/Tesla,_Inc.

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