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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 ...
Elon Musk is the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [414] and $397 billion according to Forbes, [415] primarily from his ownership stakes in Tesla, Inc. and SpaceX.
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.
In this video from our YouTube channel, we break down the history of the electric car, how it almost disappeared in the early 2000s, and how Elon Musk and Tesla (NASDAQ: TSLA) brought the ...
The stock market soared in the wake of President-elect Donald Trump's Nov. 5 victory, but no individual benefited more from his defeat of Vice President Kamala Harris than Elon Musk, one of Trump's...
In 2021, Elon Musk, Tesla CEO, claimed the title of richest man of the world, passing Amazon founder Jeff Bezos. Here is what to know about Musk.
Musk before a Model X at the 2014 Tesla Inc. annual shareholder meeting. Tesla began delivery of the Roadster, an electric sports car, in 2008. With sales of about 2,500 vehicles, it was the first mass production all-electric car to use lithium-ion battery cells. [80] Tesla began delivery of its four-door Model S sedan in 2012. [81]
Though the Tesla founder hasn’t always been a billionaire, he did make a good chunk of change during the pandemic. Thanks to the Federal Reserve’s low-interest rates and big government ...