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    Tesla Class

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    Tesla is an American electric vehicle and clean energy company founded in 2003 and headquartered in Palo Alto, California. Tesla's current products include electric vehicles like the Model S, Model 3, Model X, and Model Y as well as battery energy storage systems and solar panels. Tesla became the world's best-selling manufacturer of plug-in electric passenger cars in 2019 with a global market share of 17% for plug-ins and 23% for battery electrics.

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    Tesla Class

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    Tesla is an American electric vehicle and clean energy company founded in 2003 and headquartered in Palo Alto, California. Tesla's current products include electric vehicles like the Model S, Model 3, Model X, and Model Y as well as battery energy storage systems and solar panels. Tesla became the world's best-selling manufacturer of plug-in electric passenger cars in 2019 with a global market share of 17% for plug-ins and 23% for battery electrics.

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    Tesla is an American electric vehicle and clean energy company founded in 2003 and headquartered in Palo Alto, California. Tesla's current products include electric vehicles like the Model S, Model 3, Model X, and Model Y as well as battery energy storage systems and solar panels. Tesla became the world's best-selling manufacturer of plug-in electric passenger cars in 2019 with a global market share of 17% for plug-ins and 23% for battery electrics.

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    Tesla Class

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    Tesla is an American electric vehicle and clean energy company founded in 2003 and headquartered in Palo Alto, California. Tesla's current products include electric vehicles like the Model S, Model 3, Model X, and Model Y as well as battery energy storage systems and solar panels. Tesla became the world's best-selling manufacturer of plug-in electric passenger cars in 2019 with a global market share of 17% for plug-ins and 23% for battery electrics.

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    Tesla, Inc. (formerly Tesla Motors, Inc.

    ) is an American electric vehicle and clean
    energy company based in Palo Alto, California. Tesla's current products include electric
    cars (the Model S, Model 3, Model X, and Model Y), battery energy storage from home to
    grid scale (the Powerwall, Powerpack, and Megapack), solar panels and solar roof tiles, and
    related products and services.

    Tesla, Inc.

    Tesla's headquarters in Palo Alto

    Formerly Tesla Motors, Inc. (2003–2017)

    Type Public

    Traded as  NASDAQ: TSLA
     NASDAQ-100 component
     Russell 1000 component
    ISIN US88160R1014

    Industry  Automotive
     Energy storage
     Energy production

    Founded July 1, 2003; 17 years ago[1]

    Founders Disputed, see text

    Headquarters Palo Alto, California

    , 

    U.S.

    Area served Worldwide

    Key people  Elon Musk (CEO)


     Robyn
    Denholm (Chairwoman)
     Drew Baglino (CTO)
     Zach Kirkhorn (CFO)

    Products  Electric vehicles


     Tesla batteries
     Solar panels and roofs

    Production  367,500 vehicles (2019)


    output
     1,651 MWh batteries[2] (2019)
     173 MW solar[2] (2019)

    Revenue  US$24.578 billion [3] (2019)

    Operating  −US$69 million[3] (2019)
    income
    Net income  −US$862 million[3] (2019)

    Total assets  US$34.309 billion[3] (2019)

    Total equity  US$6.618 billion[3] (2019)

    Owner Elon Musk (20.8%)[4]

    Number of  48,016[5] (2019)
    employees

    Subsidiaries  SolarCity
     Tesla Grohmann
    Automation
     Maxwell Technologies
     DeepScale
     Hibar Systems
     SilLion

    Website www.tesla.com

    Footnotes / references
    [6][7][8]

    Founded in July 2003 by engineers Martin Eberhard and Marc Tarpenning as Tesla Motors,


    the company’s name is a tribute to inventor and electrical engineer Nikola Tesla.
    Eberhard said 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". The next three employees at Tesla were Ian Wright, Elon Musk,
    and J. B. Straubel.[9] Musk, who has served as CEO since 2008, said in 2006 that "the
    overarching purpose of Tesla Motors...is to help expedite the move from a mine-and-
    burn hydrocarbon economy toward a solar electric economy" and it would build a wide
    range of electric vehicles, including "affordably priced family cars", and co-
    market SolarCity solar panels to do so.[10][11][12] Tesla acquired SolarCity in 2016.

    After 11 years in the market, Tesla ranked as the world's best-selling plug-in and battery


    electric passenger car manufacturer in 2019, with a market share of 17% of the plug-in
    segment and 23% of the battery electric segment.[13] Tesla global vehicle sales increased
    50% from 245,240 units in 2018[14] to 367,849 units in 2019.[13] In 2020, the company
    surpassed the 1 million mark of electric cars produced.[15] The Model 3 ranks as the
    world's all-time best-selling plug-in electric car, with more than 500,000 delivered.
    [16] Tesla cars accounted for 81% of the battery electric vehicles sold in the United States
    in the first half of 2020.[17]

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