Sunday 20 April 2014

Tesla Motors (TSLA)

Tesla Motors Inc - BidnessEtc
Tesla Motors Inc an American Electric Car maker was founded in year 2003 by Marc Tarpenning and Martin Eberhard in the city of San Carlos, state California. Tesla introduced Electric Sports Car by the name of TeslaRoadster which came with attachment of electric sedan named as Tesla Model S. Both of these electric cars were unique product in the car industry. The acceptance of Electic Vehicles led to companys popularity. The Name of Tesla Motors came from the famous electrical engineer and inventor Nikola Tesla. Tesla is the brand of Electric Vehicles and luxurious Sedan.


Now a days Tesla Motors Inc - (TSLA) is headed by Elon Musk the CEO and Co-founder of PayPal. Tesla is continuously improving its services by increasing its showrooms and building a Gigafactory to increase its production of electric vehicles, further making deal with Panasonic for manufacturing its lithium-ion battery which are also sold to other automakers. In 2013 first quarter Tesla recorded profits for the first time in its history. 

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