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Tesla, Inc.

Tesla, Inc.

Tesla (formerly Tesla Motors) was founded in 2003 and named after the famous 19th Century inventor Nikola Tesla, who is idolized by the tech community and engineers.

His work in electromagnetic fields, specifically the ‘alternating current’ is the basis of many inventions in the past century.

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The current CEO of Tesla wasn’t the founder of the company and joined in 2004. His investments and lobbying provided the company with much-needed traction to build the first completely electric sports car, called the Roadster, which went into production in 2008.

The company Tesla started making profit in 2013, a year after it launched thousands of charging stations all across the world. It announced it’s Gigafactory, one of the largest factories in the world, in 2014 in Nevada, where it makes batteries and solar panels

  • 2008 saw many upheavals and changes in leadership, with Elon Musk taking over as CEO in October 2008, and cutting manpower by 25 per cent.
  • Tesla faced financial problems in 2009 but drove through it safely by going public in 2010.
  • The company unveiled its mainstream consum...

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