Tesla

Tesla to Rent Self Driving Software in 2021
Elon Musk confirms Tesla’s Full Self-Driving software will be available as a subscription in the second quarter of 2021. This represents a golden opportunity for

Tesla Giga Texas a Tax Free Zone
Tesla’s new factory project in Texas is on its way to saving the company about $270,000 USD in taxes as they apply for foreign trade

Musk Questioning Bitcoin, and Tesla Model Cancellation
Elon Musk made it clear on twitter that he has not fully bought into the bitcoin hype, tweeting that currency is simply a means to

Tesla recalls over a 150K cars
Tesla recalls over a 150K luxury cars due to a manufacturing error in its touchscreen Tesla is sending out emails to its customers asking for

Tesla unveils a refreshed Model S
Tesla unveils a refreshed Model S with the first major redesign since 2012 The refurbished sedan holds a radically updated interior with a one-of-a –kind steering

Tesla Aces Safety & Crash Reports
Tesla Model Y has been granted 5 stars by NHTSA for safety rating in every single category. One aspect of Tesla that some forget is

Tesla Model 2 in Making in China
On January 8, Elon Musk announced his intentions of producing a new Tesla in Shanghai, China at Tesla Gigafactory 3. This electronic vehicle, which will
2003
Elon Musk, Martin Eberhard, and Marc Tarpenning co-founded Tesla Motors back in 2003 from the Silicon Valley. And soon after that Musk joined the company’s BoD as Chairman.
Tesla’s engineers worked hard to make sure the company was able to successfully sell electric vehicles on a scale which would make perfect business sense. The company’s Model S 85D merges high efficiency front motor with a performance rear motor, making the new Model S the fastest four-door car ever made. The company started its sale with premium electrical sports car and moved rapidly into the mainstream to sell sedans and compacts.
2008
Elon Musk took over Tesla Motors as CEO and Product Architect in 2008. Although not fully into Tesla’s day-to-day operations, Musk was deeply involved in designing the first Tesla model, the Roadster, which was the only battery operated electric sports car at that time.
Introduced in 2008, the Roadster featured a Lotus-built glider and an AC induction motor. In a study conducted by U.S. EPA, the Roadster was said to be capable of traveling 244 miles on a single charge, setting a new standard for electric cars. Tesla sold more than 2,400 Roadsters, which are now being used in over 30 countries around the world.

2009
Tesla had been struggling to raise money during the recession and credit crisis. However in August 2009, the company announced a significant achievement: the approval of a US $465-million loan from the United States Department of Energy. The funding had been granted to support the production of a sedan model and to further enhance the development of the powertrain technology.
2012
In 2012, Tesla pioneered the world’s first electric sedan, the Model S. Model S is 100-percent electric, with room for seven passengers and more than 64 cubic feet of storage. Named Motor Trend’s 2013 Car of the Year and earning 5-star safety rating from the U.S. National Highway Traffic Safety Administration, Model S is a breath of fresh air in the realm of four-door cars.
In the same year, Tesla began building its first Supercharge stations. These electric versions of gas stations are a network of 480-volt fast-charging car stations that are built to facilitate long-distance driving of the Model S.
2014
Soon after the launching of Model S, CEO Musk introduced two dual motor all-wheel drive configurations of the vehicle. Plans for introducing another electric vehicle was publicized by the company on Twitter. Then codenamed Tesla Bluestar, Model 3 was said to be an all-electric car that offered range and performance at an affordable price.
2015
Tesla now has over 50,000 vehicles on the road worldwide and is gearing up for the high-volume production of the new Model X, a full-size crossover utility vehicle that is said to feature adrenaline-charged acceleration and stylized comfort.
In April 2015, Tesla launched its Powerwall home battery packs that can store 7 kWh and 10 kWh of electricity. Its big brother, the PowerPack, stores 100 kWh of electricity and is available for industrial consumers. Tesla received orders totaling to $800 million following the launch of the battery packs.
The Future of Tesla Motors
Today, Tesla Motors maintains its factory in Fremont, California, which used to be the headquarters of New United Motor Manufacturing Inc. Still a powerhouse of electric cars, the company produces 1,000 cars a week.
By 2020, Tesla envisions to build “gigafactory” battery manufacturing plant in Nevada, which is said to facilitate the production of the mass-market vehicle Model 3 and the production of more lithium ion cells than all of the world’s combined output.