Tesla Motors Inc. An Electric Motor Vehicle Essay

1829 Words May 11th, 2016 8 Pages
Tesla Motors
Tesla Motors Inc is an electric motor vehicle that was founded in 2003 by Martin Eberhard, the original CEO and current CEO of Tesla Motors Elon Musk in San Carlos, California. Musk already had a great deal of experience in the business world with the success of his other multi-billion dollar venture, PayPal. Tesla Motors was founded with one dream in mind, to provide the public with a reliable, sporty, and affordable electric car.
As the business prospers into the future that dream is looking more like reality with the recently announced Model E which will be on the market at the end of 2017 for $35,000 and has a range of about 200 miles. The Model E is truly revolutionary to the automotive industry, but Tesla did not begin with such a modern marvel, the business 's first released car was the Tesla Roadster which was the first ever fully electric sports car and was released in 2010 and cost $109,000. The next car for Tesla was to release is the Model S , an electric luxury sedan that was the world’s best selling electric car in 2015, and is still in production today. Tesla’s final model on the market is the Model X, the world’s first fully sized electric SUV.
Tesla has acquired a lot of competition over the past few years as large pre-established car manufacturers begin to realize Tesla’s success. Each of the “Big Three” automobile manufacturers; Ford, General Motors, and Chrysler all have plug-in electric cars either in development or on the market in order…

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