Tesla Headquarters in Palo Alto
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Public | |
Traded as |
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Industry | |
Founded | July 1, 2003 Delaware, U.S. |
(as Tesla Motors)
Founders |
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Headquarters | Palo Alto, California, U.S. |
Area served
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Worldwide |
Key people
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Products | |
Revenue | US$7.00B (2016) |
US$-667.3M (2016) | |
US$-674.9M (2016) | |
Total assets | US$22.66B (2016) |
Total equity | US$4.75B (2016) |
Owner | Elon Musk (22.25%) |
Number of employees
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30,000+ (2016) |
Subsidiaries | SolarCity |
Website | tesla |
Footnotes / references |
Map of direct automaker sales, regarding Tesla conditions |
Tesla, Inc. (formerly named Tesla Motors) is a major American automaker, energy storage company, and solar panel manufacturer based in Palo Alto, California. The company was initially founded in 2003 by Martin Eberhard and Marc Tarpenning, although the company also considers Elon Musk, JB Straubel, and Ian Wright amongst its co-founders. The company specializes in electric cars, Lithium-ion battery energy storage, and, through their SolarCity subsidiary, residential solar panels.
Tesla first gained widespread attention following its production of the Tesla Roadster, the first electric sports car, in 2008. The company's second vehicle, the Model S, an electric luxury sedan, debuted in 2012 and is built at the Tesla Factory in California. In Q1 2013, Tesla released its stock profits for the first time from its NASDAQ ticker symbol. The Model S has been the world's best-selling plug-in electric car for two years in a row, 2015 and 2016. Its global sales achieved the 150,000 unit milestone in November 2016, four years and five months after its introduction. As of December 2016[update], the Model S ranks as the world's all-time second best-selling plug-in after the Nissan Leaf. The Model S was then followed in September 2015 by the Model X, a crossover SUV. Tesla's next vehicle is the Model 3, which was unveiled in March 2016. It is slated for release in 2017 with a base price of US$35,000, before any government incentives.