Tesla Motors (often shortened to Tesla) is an American automaker and energy storage company co-founded by Elon Musk, Martin Eberhard, Marc Tarpenning, JB Straubel and Ian Wright, and is based in Palo Alto, California. The company specializes in electric cars and their powertrain components and also produces battery charging equipment.
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 was the world's best-selling plug-in vehicle in 2015, and its global sales achieved the 150,000 unit milestone in November 2016, four years and a five months after its introduction. As of November 2016, 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 by the Model X, a crossover SUV. Tesla's next vehicle is the Model 3, which was unveiled in March 2016 and is slated for release in 2017 with a price at US$35,000 before any government incentives.
As of December 2016, Tesla Motors has sold over 186,000 electric cars worldwide since delivery of its first Tesla Roadster in 2008, making the electric carmaker the second largest global plug-in car manufacturer after the Renault-Nissan Alliance. Musk, the CEO, has said that he envisions Tesla Motors as a technology company and independent automaker, aimed at eventually offering electric cars at prices affordable to the average consumer.
Tesla has a network of high-powered Superchargers located across North America, Europe and Asia for Tesla vehicles. The company also operates a Destination Charging program, under which shops, restaurants and other venues are offered fast chargers for their customers. Although Tesla operates a number of production and assembly plants, the company's most iconic facility is the Gigafactory 1 near Reno, Nevada, where Panasonic builds 21-70 cells for Tesla batteries. Tesla also manufactures the Tesla Powerwall, Powerpack batteries, and solar panels (in varying form factors) for home and industry applications....LESS
RENO, Nev. (AP) — Tesla Motors says it has started producing lithium-ion battery cells at its $5 billion factory in Nevada. The company says it began making high-performance cells in December and production started Wednesday for cells used in Powerwall energy-storage products.
BUFFALO, N.Y. (AP) — Japanese electronics company Panasonic and U.S. electric car maker Tesla said Tuesday they plan to begin production of solar cells at a factory in Buffalo, New York. The two companies said they finalized an agreement calling for Tokyo-based Panasonic to pay capital costs for the manufacturing. Palo Alto, California-based Tesla made a "long-term purchase commitment" to Panasonic.