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Rapid was acquired in 1909 by General Motors, which merged it with the Reliance Motor Car Company in 1911 to form the General Motors Truck Company (GMTC). In 1912 the two brands were replaced with the GMC brand. Stellantis: Chrysler: Founded in 1925 from the remnants of the Maxwell Motor Company. Acquired by Daimler-Benz in 1998, forming ...
The United States was the second-largest manufacturer of motor vehicles in 2023 [18] and is home to Tesla, the world's most valuable car company. [19] The United States is the world's second-largest automobile market by sales, having been overtaken by China in 2010. [20]
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.
By January 2009, Tesla had raised US$187 million and delivered 147 cars. Musk had contributed US$70 million of his own money to the company. [27] On May 19, 2009, Germany's Daimler AG, maker of Mercedes-Benz, acquired an equity stake of less than 10% of Tesla for a reported US$50 million. [30] According to Musk, the Daimler investment saved ...
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
Elwood Haynes (October 14, 1857 – April 13, 1925) was an American inventor, metallurgist, automotive pioneer, entrepreneur and industrialist.He invented the metal alloy stellite and independently co-discovered martensitic stainless steel along with Englishman Harry Brearley in 1912 and designed one of the earliest automobiles made in the United States.
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