Tesla Overview, Industry & Products

1663 WordsJun 21, 20167 Pages
Tesla Overview, Industry & Products “Tesla Motors, Inc. is an American automotive and energy storage company that designs, manufactures, and sells electric cars, electric vehicle powertrain components, and battery products.” Founded in 2003, the car company has taken the industry by storm by providing sleek, innovative and futuristic automobiles. In addition, the car manufacturer has revolutionized the automotive, renewable energy and manufacturing industry. Although the concept of the Telsa automobile was first introduced in the late 1800’s, the new designs are newer, more modern. The Telsa ha shattered the competition, the concept and utilization of electric cars, introduced efficient battery options, and changed the way electric cars can be charged for usage. In 2015, the company reported approximately $8.09 Billion in total assets and as of March 2016, the company has sold over 125,000 vehicles worldwide. I’d say the company is headed for big things. Tesla’s first car model, the Roadster was introduced in 2006. The car was so coveted because o it’s unique lithium-ion battery that could last over 200 miles. It was also crowned Time’s “Best inventions of 2006- Transportation Invention”. The Roadster quickly sold out and the company introduced several more models. The next couple models to be introduced by Tesla Motors was the Model S, Model X, and Model 3. This luxury vehicles proved to live up to the Tesla fanfare and have been received very well. Another
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