113 Facts About Tesla Inc

Tesla, Inc is an American multinational automotive and clean energy company headquartered in Austin, Texas.

Tesla Inc Energy is one of the largest global suppliers of battery energy storage systems, with 3.

Tesla Inc's name is a tribute to inventor and electrical engineer Nikola Tesla.

Tesla Inc began production of its first car model, the Roadster sports car, in 2009.

Tesla Inc's strategy was to start with a premium sports car aimed at early adopters and then move into more mainstream vehicles, including sedans and affordable compacts.

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In June 2009, Tesla Inc was approved to receive $465 million in interest-bearing loans from the United States Department of Energy.

Tesla Inc repaid the loan in May 2013, with $12 million interest.

In May 2010, Tesla purchased what would later become the Tesla Factory in Fremont, California, from Toyota for $42 million, and opened the facility in October 2010 to start production of the Model S On June 29, 2010, the company became a public company via an initial public offering on NASDAQ, the first American car company to do so since the Ford Motor Company had its IPO in 1956.

In January 2012, Tesla Inc ceased production of the Roadster, and in June the company launched its second car, the Model S luxury sedan.

Tesla Inc announced the Tesla Inc Autopilot, a driver-assistance system, in 2014.

Tesla Inc received orders valued at $800 million within a week of the unveiling.

Tesla Inc began shipping its third vehicle, the luxury SUV Tesla Inc Model X, in September 2015, at which time it had 25, 000 pre-orders.

The solar installation business was merged with Tesla Inc's existing battery energy storage products division to form the Tesla Inc Energy subsidiary.

In February 2017, Tesla Motors changed its name to Tesla, Inc, to better reflect the scope of its expanded business, which now included electric vehicles, battery energy storage systems, and solar power generation.

Tesla Inc made multiple contributions of solar power to areas recovering from disasters in 2017, in particular installing a solar plus storage system to restore electricity at a hospital in Puerto Rico, following the destruction from Hurricane Maria.

Tesla Inc began selling its fourth vehicle model, the Model 3 sedan, in July 2017.

Tesla Inc opened its first "Gigafactory" outside the United States in Shanghai, China, in 2019.

The following year Tesla Inc started construction on a new Gigafactory near Berlin, Germany, and another in Texas, United States.

In March 2020, Tesla Inc began deliveries of its fifth vehicle model, the Model Y crossover.

From 2015 to 2020, Tesla acquired companies including Riviera Tool, Grohmann Engineering, Perbix, Compass Automation, Hibar Systems, and German ATW Automation to advance Tesla's expertise in automation, along with Maxwell Technologies and SilLion to add to Tesla's abilities in battery technology.

In July 2021, Musk acknowledged that Tesla Inc had sold Maxwell to the former VP of sales for Maxwell.

In October 2020, Tesla Inc told Electrek that it had dissolved its public relations department (with the exception of a few PR managers representing Tesla Inc's European and Asian markets), becoming the first automaker to do so.

At the time, Musk tweeted that "Bitcoin paid to Tesla Inc will be retained as Bitcoin, not converted to fiat currency.

However, Musk stated that Tesla Inc would continue to operate its Fremont factory in the San Francisco Bay Area, and will continue to expand in California.

In September 2021, Tesla Inc broke ground on a new battery factory in Lathrop, California, and signed a lease in October 2021 for additional office space in Palo Alto.

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On March 22, 2022, Tesla Inc launched its new car factory outside Berlin, with Chief Executive Elon Musk handing over the first deliveries to customers.

Tesla Inc has plans for a second-generation Roadster, a semi-truck, and a pickup called the Cybertruck.

In June 2020, Tesla Inc announced that the Model S Long Range Plus had an EPA range of 402 miles, the highest of any battery electric vehicle at the time.

Tesla Inc Semi is an all-electric Class 8 semi-trailer truck announced in November 2017.

Musk dashed hopes for a Tesla Inc motorcycle, saying in 2018 "we're not going to do motorcycles".

In 2020, Musk said Tesla Inc expects to have a $25, 000 electric car within 3 years, which "will basically be on-par or slightly better than a comparable gasoline car".

Subsidiary was created by the merger of Tesla Inc's existing battery energy storage products division with SolarCity, a solar energy company that Tesla Inc acquired in 2016.

Tesla Inc Energy develops software to allow customers to monitor and control their systems.

Tesla Inc receives service revenue from its vehicle customers after their initial purchase; these revenues reached $1.

In July 2021, Tesla Inc made Full Self-Driving available as a monthly subscription.

In 2012, Tesla Inc began building a network of 480-volt fast-charging Supercharger stations.

In 2014, Tesla Inc launched the "Destination Charging location" network by providing chargers to hotels, restaurants, shopping centers and resorts to provide on-site vehicle charging at twice the power of a typical home charging station.

Destination chargers are installed free of charge by Tesla Inc-certified contractors; the locations originally were required to provide the electricity at no cost to their customers.

Tesla Inc offers the option to unlock features in the car through over-the-air software upgrades after purchase.

All Tesla Inc cars come with "Standard Connectivity" which provides navigation using a cellular connection, and the following only over Wi-Fi or Bluetooth: internet browsing, music streaming, and, when parked, video streaming and "caraoke".

Tesla Inc has said that it does not want to make a profit on vehicle servicing, which has traditionally been a large profit center for most auto dealerships.

In 2016, Tesla Inc recommended having any Tesla Inc car inspected every 12, 500 miles or once a year, whichever comes first.

On June 4, 2017, the American Automobile Association raised insurance rates for Tesla Inc owners following a report from the Highway Loss Data Institute.

Tesla Inc said that the analysis is "severely flawed and not reflective of reality", however, Tesla Inc failed to provide any contradictory numbers.

At the time of Tesla Inc's founding in 2003, electric vehicles were very expensive.

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In 2006, Elon Musk stated that Tesla Inc's strategy was to first produce high-price, low-volume vehicles, such as sports cars, for which customers are less sensitive to price.

Tesla Inc is the first automaker in the United States to sell cars directly to consumers.

Tesla Inc produces vehicle components as well as building proprietary stations where customers can charge their vehicles.

Tesla Inc used low-cost strategy as a business approach, with which they can expand their business into a broader market by offering standard technology items.

Tesla Inc generally allows its competitors to license its technology, stating that it wants to help its competitors accelerate the world's use of sustainable energy.

Tesla Inc retains control of its other intellectual property, such as trademarks and trade secrets to prevent direct copying of its technology.

Tesla Inc develops many components in-house, such as batteries, motors, and software.

Tesla Inc was the first automaker to use batteries containing thousands of small, cylindrical, lithium-ion commodity cells like those used in consumer electronics.

Tesla Inc uses a version of these cells that is designed to be cheaper to manufacture and lighter than standard cells by removing some safety features; according to Tesla Inc, these features are redundant because of the advanced thermal management system and an intumescent chemical in the battery to prevent fires.

Tesla Inc launched its battery recycling operation at Giga Nevada in 2019.

Tesla Inc acquired two battery companies: Maxwell Technologies, acquired for over $200 million – but sold in 2021 and Hibar Systems.

Two weeks before Battery Day, Tesla Inc paid a total of $3 to buy several battery manufacturing patent applications from Springpower International, a small Canadian battery company.

Tesla Inc said this would be achieved by a more efficient production process, new battery design, cheaper resources for the anode and cathode, and better integration into the vehicle.

Since September 2014, all Tesla cars are shipped with sensors and software to support Autopilot.

Tesla Inc upgraded its sensors and software in October 2016 to support full self-driving in the future.

In 2020, Tesla Inc released software updates where its cars recognize and automatically stop at stop signs and traffic lights.

In May 2021, Tesla Inc removed the radar sensor and radar features from its Model 3 and Model Y vehicles, opting instead to rely on camera vision alone.

Whereas Waymo, Cruise, and other companies are relying on highly detailed three-dimensional maps, lidar, and cameras, as well as radar and ultrasonic sensors in their autonomous vehicles, Tesla Inc's approach is to use coarse-grained two-dimensional maps and cameras (no lidar) as well as radar and ultrasonic sensors.

In March 2021, according to a letter that Tesla Inc sent to the California Department of Motor Vehicles about FSD's capability – acquired by PlainSite via a public records request – Tesla Inc stated that FSD is not capable of autonomous driving and is only at Society of Automotive Engineers Level 2 automation.

In September 2022, Tesla Inc revealed prototypes of its proposed humanoid robot Optimus, which Musk has stated uses the same core software as FSD.

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In 2010, Tesla Inc moved its corporate headquarters and opened a powertrain development facility in Palo Alto.

Between 2017 and 2020 Tesla Inc partnered with Panasonic to assemble photovoltaic modules at the plant.

On July 23, 2020, Tesla picked Austin, Texas, as the site of Gigafactory 5, since then known as Gigafactory Texas Giga Texas is planned to be the main factory for the Tesla Cybertruck and the Tesla Semi; it will produce Model 3 and Model Y cars for the Eastern United States.

On December 1, 2021, Tesla Inc officially relocated its headquarters to the Gigafactory site in Austin, Texas.

Tesla Inc acquired a former JC Penney distribution center near Lathrop, California in 2021 to build a Megafactory to manufacture Megapacks.

Tesla Inc opened its first European store in June 2009 in London.

Tesla Inc announced its plans to build a car and battery factory in Europe in 2016.

Tesla Inc opened its first Japanese showroom in Tokyo, Japan, in October 2010.

In July 2018, Tesla Inc signed an agreement with Chinese authorities to build a factory in Shanghai, China, which was Tesla Inc's first Gigafactory outside of the United States.

Tesla Inc opened the first Australian showroom in Sydney in 2010, followed by a showroom and service center in Melbourne in 2015.

One of the first Tesla Inc customers was Dubai's Roads and Transport Authority which ordered 200 Tesla Inc Model S and Model X vehicles that were added to Dubai Taxi Corporation's fleet.

In July 2014, Panasonic reached a basic agreement with Tesla Inc to participate in battery production at Giga Nevada.

In September 2020, Tesla Inc signed a sales agreement with Piedmont Lithium to buy high-purity lithium ore for up to ten years, specifically to supply "spodumene concentrate from Piedmont's North Carolina mineral deposit".

Tesla Inc has a range of minor partnerships, for instance working with Airbnb and hotel chains to install destination chargers at selected locations.

Tesla Inc supplied battery packs for Freightliner Trucks' Custom Chassis electric van in 2010.

Tesla Inc built electric-powertrain components for the Mercedes-Benz A-Class E-Cell, with 500 cars planned to be built for trial in Europe beginning in September 2011.

Tesla Inc produced and co-developed the Mercedes-Benz B250e's powertrain, which ended production in 2017.

Tesla Inc supplied the lithium metal-oxide battery and other powertrain components based on components from the Roadster.

Toyota engineers rejected designs that Tesla Inc had proposed for an enclosure to protect the RAV4 EV's battery pack.

In 2014, Tesla Inc ended up adding a titanium plate to protect the Model S sedan's battery after some debris-related crashes lead to cars catching fire.

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Tesla Inc has used NDAs on multiple occasions with both employees and customers to allegedly prevent possible negative coverage.

An investigation by the Reveal podcast alleged that Tesla Inc "failed to report some of its serious injuries on legally mandated reports" in order to downplay the extent of injuries.

In September 2019, a California judge ruled that 12 actions in 2017 and 2018 by Musk and other Tesla Inc executives violated labor laws because they sabotaged employee attempts to unionize.

From 2012 to 2014, Tesla Inc earned more than $295 million in Zero Emission Vehicle credits for a battery-swapping technology that was never made available to customers.

Staff at California Air Resources Board were concerned that Tesla Inc was "gaming" the battery swap subsidies and in 2013 recommended eliminating the credits.

In September 2018, Tesla disclosed that it was under investigation by the U S Federal Bureau of Investigation regarding its Model 3 production figures.

In some areas, Tesla Inc operates locations called "galleries" which "educate and inform customers about our products, but such locations do not actually transact in the sale of vehicles.

Tesla Inc has lobbied state governments for the right to directly sell cars.

Tesla Inc has argued that directly operating stores improves consumer education about electric vehicles, because dealerships would sell both Tesla and gas-powered vehicles.

In January 2021, Tesla Inc filed a lawsuit against Alex Khatilov alleging that the former employee stole company information by downloading files related to its Warp Drive software to his personal Dropbox account.

In 2018, a class action was filed against Musk and the members of Tesla Inc's board alleging they breached their fiduciary duties by approving Musk's stock-based compensation plan.

In June 2019, Tesla Inc began negotiating penalties for 19 environmental violations from the Bay Area Air Quality Management District; the violations took place around Tesla Inc Fremont's paint shop, where there had been at least four fires between 2014 and 2019.

Tesla Inc sued Alameda County, questioning the legality of the orders, but backed down after the Fremont Factory was given approval to reopen.

Tesla Inc published a detailed plan for bringing employees back to work and keeping them safe, however some employees continued to express concern for their health.

On March 29, 2018, Tesla issued a worldwide recall of 123, 000 Model S cars built before April 2016 due to corrosion-susceptible power steering bolts, which could fail and require the driver to use "increased force" to control the vehicle.

In October 2020, Tesla Inc initiated a recall of nearly 50, 000 Model X and Y vehicles throughout China for suspension issues.

In February 2021, Tesla Inc was required by the NHTSA to recall 135, 000 Model S and Model X vehicles built from 2012 to 2018 due to using a flash memory device that was rated to last only 5 to 6 years.

In June 2021, Tesla recalled 5, 974 electric vehicles due to worries that brake caliper bolts might become loose, which could lead to loss of tire pressure, potentially increasing the chance of a crash.

On December 30, 2021, Tesla Inc announced that they are recalling more than 475, 000 US model vehicles.

Tesla Inc confirmed the fire began in the battery pack and was caused by the impact of an object.

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In March 2014, the NHTSA announced that it had closed the investigation into whether the Model S was prone to catch fire, after Tesla Inc said it would provide more protection to its battery packs.

In late September 2021, Tesla Inc released an over-the-air software update to detect emergency lights at night.

Several Tesla Inc fans responded by conducting their own, independent tests using children; NHTSA released a statement warning against the practice.

Tesla Inc issued a security update for the Model S the day after the exploit was announced.

Tesla Inc responded by securing the compromised system, rewarding the security researchers financially via their bug bounty program, and stating that the compromise did not violate customer privacy, nor vehicle safety or security.

Later in 2019, Tesla Inc awarded a car and $375, 000 to ethical hackers during a Pwn2Own Model 3 hacking event.

Tesla Inc deliveries vary significantly by month due to regional issues such as availability of car carriers and registration.

Quarter ending June 2021 was the first time Tesla Inc made a profit independent of Bitcoin and regulatory credits.