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Case Study : Tesla And Tesla

Satisfactory Essays

When you think of electrical cars you might have a Tesla come in mind. Why Tesla when there are cheaper electrical cars on the market, well you know the reason why you would take a Tesla then a Nissan Leaf. The reason is because Tesla cars didn’t look like cheap they look like a premium car that cost a lot and they do. Also now Tesla is the one that giving their patents to their competitors, the reason why that is Elon Musk (who I will talk about later) has a vision that he want more people using electric cars and be less dependable on gas. So the history of Tesla can be rooted to Nikola Tesla who patent an ac motor which when Tesla were making their first car they used an ac-motor so the name the name after Nikola. The founders were Martin Eberhard and Marc Tarpenning which were engineers founded Tesla in 2003 and a year later Elon Musk became the chairman of the board when he finance with the company for 7.5 million dollars. The early years were very rough as the company need money very bad and the company had a couple of CEO but in 2008 Elon Musk finally became the CEO and by that time he has taken over he has invested 70 million dollars. There first car which was call the roadster can they only sold 2250 car in four years and they didn’t have the best track record with have the car deliver on time. In 2008 Tesla takes a loan with the US Government for 465 Million dollars but then paid back the government in May of 2013 nine year early. In 2008 they have introducing

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