Tesla, is an American multinational automotive andclean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. Its name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004, Elon Musk joined as Tesla’s largest shareholder; in 2008, he was named (CEO) In 2008, the company began production of its first car model, the Roadster sports car, followed by the Model S sedan in 2012, the Model X SUV in 2015, the Model 3 sedan in 2017, the Model Y crossover in 2020, the Tesla Semi truck in 2022 and the Cybertruck pickup truck in 2023. The Model 3 is the all-time best-selling plug-in electric car worldwide, and in June 2021 became the first electric car to sell 1 million units globally. In 2023, the Model Y was the best-selling vehicle, of any kind, globally.
History
The company was incorporated as Tesla Motors, Inc. on July 1, 2003, by Martin Eberhard and Marc Tarpenning. They served as (CEO) and (CFO) respectively. Eberhard said that he wanted to build “a car manufacturer that is also a technology company”, with its core technologies as “the battery, the computer software, and the proprietary motor”.
Ian Wright was Tesla’s third employee, joining a few months later. In February 2004, the company raised US$7.5 million (equivalent to $12 million in 2023) in series A funding, including $6.5 million (equivalent to $10 million in 2023) from Elon Musk, who had received $100 million from the sale of his interest in PayPal two years earlier
Tesla Facilities Table
Primary Facilities Operated by Tesla
| Opened |
Name |
City |
Country |
Employees |
Products |
| 2010 |
Tesla Fremont Factory |
Fremont, California |
United States |
22,000 |
Model S, Model X, Model 3, Model Y |
| 2016 |
Giga Factory Nevada |
Storey County, Nevada |
United States |
7,000 |
Batteries, Powerwall, Semi |
| 2017 |
Giga Factory New York |
Buffalo, New York |
United States |
1,500 |
Solar Roof, Supercharger |
| 2019 |
Giga Factory Shanghai |
Shanghai |
China |
20,000 |
Model 3, Model Y, Supercharger |
| 2022 |
Giga Factory Berlin-Brandenburg |
Grunheide |
Germany |
10,000 |
Model Y |
| 2022 |
Giga Factory Texas |
Austin, Texas |
United States |
12,000 |
Model Y, Cyber Truck |
Tesla Board Info
List of Chief Executives
| Name |
Years |
| Martin Eberhard | 2004–2007 |
| Ze’ev Drori | 2007–2008 |
| Elon Musk | Since October 2008 |
List of Board Chairs
| Name |
Years |
| Elon Musk | 2004–2018 |
| Robyn Denholm | Since November 2018 |
Board of Directors (As of May 2023)
| Joined |
Name |
Titles |
Independent |
| 2014 | Robyn Denholm | Chair (since November 2018); former CFO and Head of Strategy at Telstra | Yes |
| 2004 | Elon Musk | CEO, product architect, former chairman; founder, CEO and CTO of SpaceX | No |
| 2004 | Kimbal Musk | SpaceX board member | No |
| 2007 | Ira Ehrenpreis | General Partner at Technology Partners | Disputed |
| 2017 | James Murdoch | Former CEO of 21 Century Fox | Yes |
| 2018 | Kathleen Wilson-Thompson | Global head of Human Resources of Walgreens Boots Alliance | Yes |
| 2022 | Joe Gebbia | Co-founder, board member and advisor of Airbnb | Yes |
| 2023 | J.B. Straubel | Founder and CEO of Redwood Materials; former CTO of Tesla | Disputed |
Tesla Ownership Structure - March 2024
Tesla Ownership Structure (March 2024)
| Shareholder Name |
Percentage |
| Elon Musk | 12.9% |
| The Vanguard Group | 7.2% |
| Black Rock | 4.5% |
| State Street Corporation | 3.4% |
| Geode Capital Management | 1.7% |
| Capital Research & Management | 1.3% |
| Black Rock Life | 1.2% |
| Eaton Vance | 1.0% |
| Narger Bank | 1.0% |
| Fidelity Investment | 0.9% |
| Others | 64.9% |
Tesla Worldwide Offices
Tesla Worldwide Offices
| Office Name |
Address |
Country |
| Tesla Headquarters – Gigafactory Texas |
1 Tesla Road, Austin, TX 78725 |
USA |
| Tesla Engineering Headquarters |
1501 Page Mill Road, Palo Alto, CA 94304 |
USA |
| Tesla Factory |
45500 Fremont Boulevard, Fremont, CA 94538 |
USA |
| Tesla Gigafactory |
Electric Avenue, Sparks, NV 89434 |
USA |
| Gigafactory New York |
1339 South Park Ave, Buffalo, NY 14220 |
USA |
| Gigafactory Shanghai |
Zheng Jia Lu, Fengxian District |
China |
| Gigafactory Berlin—Brandenburg |
1 Tesla Straße, 15537 Grunheide, Brandenburg |
Germany |
| Tesla Amsterdam Zuid-Oost |
Burgemeester Stramanweg 122, 1101 EN, Amsterdam |
Netherlands |
| Tilburg Factory & Delivery Center |
Asteriastraat 1-7, 5047 RM, Tilburg |
Netherlands |
| Tesla Automation GmbH |
Rudolf-Diesel-Strasse 14, 54595 Prüm |
Germany |
| Tesla Australia & New Zealand |
546 Gardeners Rd, Alexandria, NSW 2015 |
Australia |
| Tesla China |
8F, Tower 3 China Central Place, No.77 Jianguo Road, Beijing |
China |
| Tesla Hong Kong |
Global Plaza, 1 Sha Tsui Road, Tsuen Wan, N.T. |
Hong Kong |
| Tesla Japan |
10F, 4-1-13 Toranomon, Minato-ku, Tokyo |
Japan |
| Tesla South Korea |
14 FL. 134, Teheran-ro, Gangnam-gu, Seoul |
South Korea |
| Tesla Taiwan |
No. 6, Lane 11, Section 6, Minquan East Road, Taipei |
Taiwan |
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