History of tesla

Tesla designs and manufactures electric vehicles (electric cars and trucks), battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services.
is one of the world's most valuable companies and remains the world's most valuable automaker with a market capitalization of more than US$760 billion.

1. The
history
of
teslaBy
Dylan
Corneil
lie

2. What exactly is Tesla?
Tesla designs and manufactures electric vehicles (electric
cars and trucks), battery energy storage from home to
grid-scale, solar panels and solar roof tiles, and related
products and services.
is oneof theworld'smost valuablecompaniesand
remainstheworld'smost valuableautomaker with
amarket capitalizationof more thanUS$760billion.

3. The company was
incorporatedas Tesla
Motors, Inc. on July1,
2003, byMartin
EberhardandMarc
Tarpenning.
Eberhardsaidhe wanted
tobuild"a car
manufacturerthatis
alsoa technology
company", withitscore
technologiesas "the
battery, thecomputer
software, andthe
proprietarymotor".
Founding(2003–2004)

4. In February2004, thecompany raised$7.5 million
inseries A funding, including$6.5 millionfromElon
Musk, whohad received$100 millionfromthesale
of his interest inPayPaltwoyearsearlier.
Founding(2003–2004)

5. 2
0
0
5
–
2
0
0
9
Roadster
The company'sstrategywas tostart witha
premium sportscaraimedat earlyadopters
andthenmove intomore mainstream vehicles,
includingsedans andaffordablecompacts.

6. IPO, Model S, andModel X (2010–2015)
In May 2010, Tesla purchasedwhatwould
later becometheTesla
FactoryinFremont, California, from
Toyota for$42 million, andopenedthe
facility in October2010 tostart production
of theModel S.
Tesla announcedtheTesla Autopilot, a driver-assistance
system, in 2014

7. Tesla enteredtheenergy storage market, unveiling
itsTesla Powerwall(home) andTesla
Powerpack(business) batterypacks.
[43]The company
receivedorders valuedat $800 millionwithina week
of theunveiling.
[44]
April 2015

8. SolarCityand
Model 3
2016–2018
In February2017, Tesla Motors changedits
name toTesla, Inc., tobetterreflectthe
scope of itsexpanded business, whichnow
includedelectricvehicles, batteryenergy
storage systems, andsolarpower
generation.

9. SolarCityand
Model 3
2016–2018
Tesla begansellingitsfourthvehicle
model, theModel 3 sedan, in July2017.The
Model 3 was a cheapervehicle comparedto
previousTesla vehiclesandwas intended
forthemassmarket. It was highly
anticipated, whichpromptedthecompany to
trytospeed up production.

10. Global expansionandModel Y
(2019–present)
•Tesla openeditsfirst "Gigafactory" outside
theUnited Statesin Shanghai, China, in
2019.
•GigaShanghaiwas thefirst automobile
factoryin China fullyownedbya foreign
company andwas built in lessthansix
months.
Giga
Shanghai
The following
yearTesla also
started
constructionon
a new
Gigafactorynear
Berlin

11. Global expansionandModel Y
(2019–present)
•In March2020, Tesla begandeliveriesof
itsfifthvehicle model, theModel
Ycrossover.
•On January10, 2020, Tesla reached
amarket capitalizationof $86billion,
breakingtherecord forthehighest
valuationof anyAmerican automaker.
Model Y Factoryin Texas

12. Alsoin October2021, Tesla's market capitalization
reached$1trillion, thesixthcompany todo soin U.S.
history, on newsthatcarrentalcompanyHertzhad placed
anorder for100,000 Tesla vehiclesforitsfleet.
Global expansionandModel Y
(2019–present)
Futureproducts
Roadster (second generation)
Tesla Semi
Cybertruck

13. The end
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