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Tesla Motors

Builder of electric cars.

3500 Deer Creek Rd.
Palo Alto, CA 94304
Employees: 5,859
CEO: Elon Musk
Stock Symbol: TSLA

Website: http://www.teslamotors.com

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Tesla Motors was founded in 2003 and designs, builds and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. Tesla has established its own network of sales and service centers and Supercharger stations globally thus creating a unique yet controversial business model in the automobile industry.

Tesla currently produces and sells its second car -- the Model S sedan. Model S is a four door, five-passenger premium sedan that offers exceptional performance, functionality and attractive styling.

The Model S inherited many of the electric powertrain innovations introduced with its first vehicle, the Tesla Roadster which was launched in 2008 and was the first commercially produced and federally compliant EV in the United States. Tesla completed production of approximately 2,500 Tesla Roadsters in January 2012 and began deliveries of Model S in June 2012.

As of December 31, 2013, the company has delivered over 25,000 Model S vehicles in North America and Europe. In 2014, it expect to grow in several international markets with deliveries to commence in China, Japan, the United Kingdom and Australia.

Since its launch, Model S has won several awards, including the prestigious Motor Trend Car of the Year for 2013. In November 2013, Model S received 99 out of 100 in an owner survey conducted by Consumer Reports, the highest customer satisfaction score of any car in the world.

The company builds powertrain and vehicle manufacturing and assembly operations at the Tesla Factory, an integrated manufacturing facility in Fremont, CA, and at a facility in Tilburg, Netherlands. The company announced plans to build the Tesla Gigafactory, a facility in the United States where it will manufacture cells and battery packs for Tesla vehicles and stationary storage applications.

In 2013, Tesla delivered 22,477 vehicles and expects to deliver 35,000 vehicles in 2014. The company reported total revenues of $2.01 billion in 2013, up nearly 500%. Net loss for 2013 was $74.0 million.

Tesla has 14 auto stores in California with two more planned this year. Tesla is looking to expand nationwide but is facing opposition in several states like New Jersey that don't allow direct auto sales but instead rely on independent dealerships.


Tesla provides compensation packages with competitive salaries, benefits, and meaningful equity.

Updated March 18, 2014