Tesla is an American multinational automotive and clean energy company established in July 2003 by Martin Eberhard and Marc Tarpenning. Named after inventor Nikola Tesla, the company has transformed from a startup into the world’s leading electric vehicle manufacturer. Elon Musk joined as a primary investor in 2004 and became CEO in 2008, steering Tesla’s expansion into sustainable energy solutions.
The company manufactures electric vehicles, battery energy storage systems, and solar power products. Tesla’s direct-to-consumer sales model and continuous product innovation have disrupted traditional automotive industry practices. Through vertical integration and manufacturing optimization, Tesla has significantly reduced electric vehicle production costs while maintaining high performance standards.
Battery Technology
Tesla’s battery expertise spans multiple chemistries and applications. The company primarily utilizes Lithium Nickel Cobalt Aluminum (NCA) batteries in premium vehicles like the Model S and Model X, offering superior energy density and performance. For more cost-effective solutions, Tesla implements Lithium Iron Phosphate (LFP) batteries in select Model 3 and Model Y vehicles, particularly in the Chinese market.
The company’s newest innovation, the 4680 battery cell, represents substantial advancement in battery design. These cells feature increased size and efficiency compared to previous generations, resulting in improved energy density and reduced manufacturing costs. The 4680 cells are currently implemented in the Model Y and upcoming Cybertruck.
Tesla’s battery applications extend beyond vehicles. The company produces Powerwall units for residential energy storage, Powerpack systems for commercial applications, and Megapack installations for utility-scale projects. These solutions enable energy independence and support renewable energy integration into power grids.
Recent Projects
Tesla has begun constructing a lithium refinery in Texas to increase domestic battery-grade lithium hydroxide production. Additionally, Tesla continues expanding its manufacturing capabilities through new Gigafactory developments.
Investors
Tesla’s investor base includes both individual and institutional shareholders. Elon Musk maintains the largest stake with over 23% ownership. Major institutional investors include Vanguard Group (approximately 7.2%), BlackRock, and State Street. Early investors included Google co-founders Sergey Brin and Larry Page, former eBay president Jeff Skoll, and venture capital firm Valor Equity Partners. The company has transformed from a venture-backed startup into a publicly traded corporation with substantial market value.
Business Details
Location: Austin, Texas, USA
Website: https://tesla.com/careers
LinkedIn: https://www.linkedin.com/company/tesla-motors/
