Thursday 3 April 2014

Recent Developments In Tesla Motors, Inc. Products

Tesla Motors Inc - BidnessEtc

Tesla Motors, Inc. is a company that was established in 2003 in Palo Alto, CA. The company is famous for designing, developing, producing, and distributing and selling the electric vehicles, cars, and advanced powertrain vehicle components to a large customer base all around the world. The company also provides services in the same regard. The first ever vehicle manufactured by the company was Tesla Roadster that was released in the market for sale in 2008.

Quite recently, the company has announced a safe system and procedure for each of the electric vehicles produced by the company. Given the increasing number of car thefts happening across the world, the company has decided to put a 6-key password security system through which the criminals would not be able to drive the car unless they know the 6-key password, which only the owner knows. Such developments will definitely let the company enjoy greater sales in the future. This can also be testified by the current value of the Tesla Motors stock. The current Tesla stock price is $230.92 with an average change of 6.14%. Tesla’s products are very competitive in the market and the Tesla car price therefore is also competitive. 

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