Here's What You Need to Know About Tesla
Founded in 2003, Tesla is an
innovative automotive and energy company taking on the mission to accelerate
the world’s transition towards clean energy by manufacturing emission-free
electric vehicles.
Moving towards a sustainable energy future,
Tesla has gone a long way to prove that electric vehicles can be better than
traditional gasoline cars.
Is TESLA Stock A Buy?
Think about how electric vehicles have been
more and more used just in the past couple of years. By 2040, electric vehicles
are expected to count for 35% of all new vehicle sales. If Tesla can grab a
decent size of this market share, they could be very worthy of investment.
A Brief History of Tesla
The company was founded by Elon
Musk and Martin Eberhard in 2003 and went
public in July 2010.
The first Tesla was the roadster powered by
a lithium-ion battery cells, and it costs more than a $100,000. The year Tesla
celebrated its fifth birthday, Musk was named CEO and product architect,
positions he still holds today. As a CEO, Musk announces the second Tesla,
the Model S, starting at $50,000, it was the first electric luxury sedan.
After Musk unveiled the Model S, deliveries
began and Tesla announced its next car, the Model X, an SUV. Tesla also started
building supercharging stations across California.
In 2015, the company finally launches the
model X. In 2016, the Model X ranked seventh among the world's best-selling
plug-in cars.
Besides the Tesla electric
vehicles, the company builds clean energy generation and storage products.
Today, Tesla sells the Model X, Model S and
Model 3 vehicles, Powerpack and Powerwall batteries, solar roof tiles, solar
panels and other related products. Tesla has more than 15,000 vehicles on the
road, and 419 super charging stations.
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