Business

About the Tesla Motor Car Company

It is a little known fact, that the founder and current CEO of the Tesla Motor Car Company Elon Musk, named the company after the physicist and electrical engineer Nikola Tesla who developed the first AC electric motor way back in 1882. Indeed the electric motor featured in the popular Tesla Roadster electric car is a direct descendant of the original AC motor as stated in http://theavtimes.com/2020/07/01/amazing-ways-inventhelp-can-assist-you-as-an-inventor/ article.

The Tesla Motor Car Company is located in Silicone Valley in Santa Clara County West California USA; it is a public company and is a member of the group which links all security dealers involved in electronic communication systems in the USA together (NASDAQ).

The company produces electric cars and parts for electric power train usage, and though having to struggle for a decade or so finally showed a profit in the first quarter of 2013 thanks largely to the increased sales of its Tesla Roadster vehicle, the first all electric sports car.

During the early years the company was heavily subsidized by the US Government who of course were heavily interested in encouraging the development of energy efficient electric motor cars in line with the dwindling natural oil resources, while keeping an eye out also for reducing CO2 emissions from the exhaust pipes of petrol driven vehicles. The Tesla Motor Company has fully repaid this debt of $250 million borrowed about 10 years earlier and made itself a handy profit also, thus reflecting the strength of the companies stock with NASDAQ.

It is reported the CEO, Elon Musk is on record as stating that he believed the Tesla Motor Car Company to be the best in the world, and by examining the companies track record over the last decade there certainly an element of truth in the statement.

The Roadster sports model has proven to be popular and successful while the Model ā€˜Sā€™ recently introduced is quite revolutionary despite many negative comments relating to its many attributes, mainly from the gas producing companies!

For the future development of the company Elon Musk is basing his thoughts around three corporate strategies aimed at producing a variety of electric powered motor cars and making them readily accessible to the general public as seen on https://www.newsbreak.com/news/1606220763464/how-new-inventors-are-benefitting-from-inventhelp-assistance.

By selling quantities of electric motor cars in company owned showrooms distributed around the country, and by using commercial sales sites on the internet thus enabling the cars to be sold online.

Continuance with the policy of producing electrical parts for power trains and selling them to other motor car manufacturers to assist in the early delivery of electric cars to the consumer, at the earliest possible time.

To act as the stimulus and lead the way in encouraging other motor car manufacturers, thus demonstrating that there is an undoubted demand for high performance and energy efficient electric motor cars.

Certainly other U.S. motor car manufacturers are sitting up and taking notice of the success of the Tesla Motor Car Company, indeed the Chairman of the world renowned car manufacturer General Motors (GM) admits freely that the Tesla Roadster model was the inspiration behind GM producing its sedan electric motor car the Chevrolet Volt.