In July, 2003, Tesla Motors was founded by Martin Eberhard and Marc Tarpenning (who both initially financed the company).
A year later Elon Musk invested in the company and became Chairman. Musk made Tesla’s long-term vision to produce affordable electric vehicles available for the public.
In 2009 the company received a $465 million USD loan from the United States Department of Energy - as part of the Advanced Technology Vehicles Manufacturing Loan Program.
The company is named after the physicist and electrical engineer Nikola Tesla (1856-1943), a Serbian American who arrived in the US in 1884 to work for Thomas Edison.
Among his many inventions (he had more than 700 patents) are the alternating-current power transmission and the induction motor.
Tesla Motors says that without Nikola Tesla’s brilliance and vision, their car today would not be possible.
Tesla creates electric cars and electric powertrains, in additon to electric powertrain components, such as lithium-ion battery packs.
Tesla Motors Inc. – Company Overview
- Chairman and CEO: Elon Musk
- CTO: JB Straubel
- Industry: Automotive
- Type: Public company
- Listed on NASDAQ
- NASDAQ stock symbol: TSLA
- Founded: 2003
- Founders: Elon Musk, Martin Eberhard, Marc Tarpenning, JB Straubel, and Ian Wright
- Sales: $1.9 billion USD (2013)
- Revenues: $2.0 billion USD (2013)
- Total assets: $2.4 billion uSD (2013)
- Earning per share: (2013)
- Company head office: Palo Alto, California, USA
- Employees: 6,000 (2014)
- Website: http://www.teslamotors.com/
Tesla Motors Inc. – Financial Results
|Key figures (in thousands of USD except for share data)||2013||2012|
|Research and development||$231,976||$273,978|
|Loss from operations||($61,283)||($394,283)|
|Cash and cash equivalents||$845,889||$795,116|
|Net loss per share – basic and diluted (USD)||($0.62)||($3.69)|
Source: 2013 Annual Tesla Motors Report
Tesla Motors Inc. – Live Stock Market Data