On June 12, 2014, Elon Musk shocked the business world by revealing that Tesla Motors (TSLA) will not initiate patent lawsuits against anyone who uses their technology in good faith. This foresight by Tesla could help tip the auto industry away from gasoline and diesel engines towards more eco-friendly electric cars. The aftermath of such a mass consumer switch could also create a big opportunity for Tesla Motors and investors to profit.
With that in mind, we have assembled 10 mind blowing facts about Tesla. Our favourite? Even though CEO Elon Musk owns 23% of the company and is often credited with a great deal of the company’s success, it is often forgotten that he did not actually start the company. After his first investment in Tesla in 2004, he originally came on to the board of directors as chairman. It was not until the 2008 financial crisis that he came on as CEO.
Side note: It’s also pretty amazing that the tires and windshield wipers are the only parts that need regular replacement on a Tesla Model S.
5 Comments
Colton Schulz
Their accounting is completely fraudulent. Did you want to include that in your picture?
Alan
The electricity to charge the battery still has to come from somewhere and for the near term, most of that power will come from coal or gas. I might make you feel good about the environment to have an electric car, but if you charge that car in Los Angeles, 50% or more of that power comes from coal fired power plants in Utah, New Mexico, and Nevada.
miggeli
The only important figure missing here is the number of manufactured cars.Tesla ist a Hype, nothing more.
Mike Failla
Power still need to come from a type of fuel. Usually fossil. I have never seen this car. Does it even exist? I drive 20000 to 25000 miles every year and am very observant and I have never seen one. So once again, do they really even exist?
Jean-Martin Von Siebenthal
I’ve come across a few, but that was in Gstaad and around Geneva. I’d say it has a nice line, find it quite elegant and was quite impressed by how quiet it is.