Tesla

Tesla

When something is important enough, you do it even if the odds are not in your favor.

Elon Musk
CEO of Tesla Inc
Country
United States
US Exchange
NASDAQ
Symbol
TSLA
SEC CIK
1318605
Number of Employees
127855
Status
CEO
Elon Musk
Chairman
Robert M. Denholm
CFO
Zachary Kirkhorn

Founded

Martin Eberhard
Marc Tarpenning
2003
Description
Tesla, Inc., founded in 2003 and headquartered in Austin, Texas, has revolutionized the automotive and clean energy sectors. Initially established by Martin Eberhard and Marc Tarpenning, the company received significant direction and investment from Elon Musk in 2004, who became its CEO in 2008. Under Musk's leadership, Tesla rolled out iconic electric vehicles, from its debut Roadster in 2008 to the record-breaking Model 3, the best-selling electric car worldwide. By 2023, Tesla's legacy included a 18% hold on the battery electric vehicle market and the title of the world's most valuable automaker. Beyond cars, Tesla Energy, a subsidiary, stands as a leader in photovoltaic systems in the U.S. and a global powerhouse in battery energy storage. At its core, Tesla strives to expedite the global shift to sustainable energy.
Address
Status
1 Tesla Road, Austin, Texas, 78725, USA

Company History

  • Incorporation

    Tesla Motors, Inc. was incorporated by Martin Eberhard and Marc Tarpenning.

  • Musk's Joining & Funding

    Ian Wright joined as Tesla's third employee. Tesla raised US$7.5 million in Series A funding with Elon Musk contributing $6.5 million. Musk became chairman of the board. J. B. Straubel joined as chief technical officer.

  • Funding & Roadster

    Elon Musk led Tesla's Series B venture capital funding round of $13 million. A subsequent round in May secured $40 million with investors like Google co-founders. The Tesla Roadster was publicly revealed in July.