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Tesla, Inc.

admin 2020.12.24 19:32 Views : 573

Tesla, Inc. (formerly Tesla Motors, Inc.) is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla's current products include electric cars, battery energy storage from home to grid scale, solar panels and solar roof tiles, and related products and services.

Founded in July 2003 as Tesla Motors, the company's name is a tribute to inventor and electrical engineer Nikola TeslaElon Musk, who contributed most of the funding in the early days, has served as CEO since 2008. According to Musk, the purpose of Tesla is to help expedite the move to sustainable transport and energy, obtained through electric vehicles and solar power.

Tesla ranked as the world's best-selling plug-in and battery electric passenger car manufacturer in 2019, with a market share of 17% of the plug-in segment and 23% of the battery electric segment. Tesla global vehicle sales were 367,849 units in 2019, a 50% increase over the previous year. In 2020, the company surpassed the 1 million mark of electric cars produced. The Model 3 ranks as the world's all-time best-selling plug-in electric car, with more than 500,000 delivered. Through its subsidiary SolarCity, Tesla is also a major installer of solar PV systems in the United States, and is one of the largest global supplier of battery energy storage systems, from home-scale to grid-scale. Tesla installed some of the largest battery storage plants in the world and supplied 1.65 GWh of battery storage in 2019.

Tesla has been the subject of numerous lawsuits and controversies, arising from the statements and the conduct of CEO Elon Musk, allegations of whistleblower retaliation, alleged worker rights violations, and allegedly unresolved and dangerous technical problems with their products. Tesla is also one of the most shorted companies in history.

 

Tesla Inc.