Manufacturing Magazine April 2023 | Page 18

TIMELINE

Tesla timeline – from Silicon Valley to falcon-wing doors : a brief overview of the company

An American manufacturer of electric vehicles , solar panels , car batteries , and home power storage , boasting 127,855 employees in addition to factories from Nevada to Shanghai to Berlin , Tesla practically runs the world . We give a rundown of some of the key moments in its history and an idea of what ’ s still to come .

2004

Elon Musk invests In 2002 , Elon Musk ’ s PayPal was bought by eBay , earning him US $ 180mn . Musk used the money to found SpaceX the same year , but later found himself drawn to Tesla .
In 2004 , Musk led the company ' s Series A funding round , contributing US $ 6.5mn and becoming chairman . Musk became CEO in 2008 .

2003

Tesla Motors is founded Tesla was founded by engineers Martin Eberhard and Marc Tarpenning , who named their company after physicist Nikola Tesla . Together , they believed that electrical automation could change the world – and reduce oil consumption . “ Tesla is a car manufacturer that ’ s also a technology company ,” said Eberhard .
16 April 2023