How the Company Got Started
In 2003, Tesla Motors was created to engineer a much desired electric sports car. Tesla’s chief executive officer, Martin Eberhard, and Tarpenning, its chief financial officer, began looking for financial backers. Funding for the company was raised from various sources, most notably business mogul Elon Musk, who contributed more than $30 million. He became chairman of the company, beginning in 2004.
In its early years, Tesla, headquartered in California, ranked as the most valuable automotive brand worldwide in 2020. It is an American electric vehicle and clean energy company that left California and moved to Austin, Texas. Tesla designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services.
Tesla is one of the world’s most valuable companies. It is among the leading fifteen most valuable brands worldwide. Tesla has been under several lawsuits and controversies arising from statements and acts of CEO Elon Musk. There have been allegations of creative accounting, whistleblower retaliation, worker rights violations, and their products’ unresolved and dangerous technical problems. In September 2021, the National Highway Traffic Safety Administration (NHTSA) ordered Tesla to submit data reporting all sold US vehicles equipped with Autopilot.
The Logo
The Tesla logo has remained the same since 2003. The Tesla logo was designed with the idea of making electric motors recognizable. The main focus of Tesla is to create the electric motor and make it available to the public. In 1882 Nikola Tesla introduced his unique invention – an AC motor. Today, a modernized version is used in Tesla Roadsters cars.
Sales
Tesla is the number one electric automobile manufacturer by more than double. The company has a net worth of $1.18 trillion today. This makes $10,000 worth of stock in 2011 now worth
$2.1 million making it one of the best performing stock options. Tesla’s global sales were 936,222 cars in 2021, an 87% increase over 2020. This growth until now has been inconceivable. Nationwide Vehicle Contracts (NVC) has reported the Tesla Model 3 is the UK’s most popular electric car.
Most Popular Model
The Tesla Model 3 is not only its most popular model but also among the top ten in sales of all time against every vehicle in the world. This accomplishment includes all makes and models of all motor manufacturers. The Model 3 is the cheapest Tesla available and has a lot to offer, including a substantial range and a modern style. The rear-drive Standard Range Plus model starts at $47,690. With performance, driving range, and affordable pricing, the 2022 Tesla Model 3 is an electric vehicle that lives up to its reputation.
Many Different Models
Tesla has a unique selection of vehicles available for purchase. Here’s a list of the ones currently available:
Model | Avg Asking Price | Picture | Description |
Used: $62,539 New: $94,990 |  | Model S platforms unite powertrain and battery technologies for unrivaled performance, range, and efficiency. New module and pack thermal architecture allows faster charging and gives you more power and endurance in all conditions. | |
Used: $42,190 New: $49,990 |  | The inside of Model 3 is unlike any other car. You can use your smartphone as a key, and access all driver controls in the central 15-inch touchscreen. The all-glass roof extends from front to back, creating a sense of openness from every seat. | |
Used: $83,236 New: $104,990 |  | With the most power and quickest acceleration of any SUV, Model X Plaid is the highest performing SUV ever built. All Model X powertrains, with updated battery architecture, can deliver instant torque at any speed. | |
Used: $58,755 New: $58,990 |  | Model Y provides maximum versatility with its ability to to carry seven passengers and their cargo. Each second-row seat folds flat independently, creating flexible storage for skis, furniture, luggage, and more. The liftgate opens to a low trunk floor that makes loading and unloading easy and quick. |
International Sales and Geographic Popularity
Tesla not only shatters records in the United States but all of Europe and Asia as well. Its dependability performance over other electric vehicle manufacturers has ballooned its sales over the competition. Tesla, still an infant motor manufacturer, has not only crawled and walked sooner than anyone predicted, but now it is running away with the top prizes.
Due to government regulations, most purchases in Europe are either hybrid or fully-electric vehicles. Europe has not decided when it will impose regulation on gas-powered engines, but there are already restrictions in metropolitan cities. This makes buying hybrid and electric models not only trendy but an investment in the future. Tesla maintains 3,059 Supercharger stations in over 40 countries as of October 2021. They also maintain destination charging stations around the world.
Charging your Tesla
Charging your Tesla will take some planning and allowances. There are several different options for how you can charge your vehicle.
The first option is charging at home with a $550 wall connector. You will be charging at 44 miles of range added per hour of charging. If you are not driving long distances every day, this may be the best option. A full charge will earn you 300 to 400 miles of travel. This can vary due to operating considerations. Speed, idle, city vs. highway miles, are variables that may change your vehicle’s performance. Learning how to drive to get the full potential of its power will come with a learning curve. Teslas are not made to be operated like gas-powered cars.
The next option for charging is called supercharging. Most of Tesla’s charging stations are made up of Tesla Superchargers. Superchargers are ultra-powerful 480-volt charging stations that allow some Tesla owners to fully charge their cars in under an hour. It’s important to note that most models will take up to 75 minutes to reach a full 100% charge with a Supercharger. While Superchargers are fast compared to other electric vehicle chargers, it still takes more time than filling a gas tank. So, factoring in extra time for charging is essential. These stations are not free. The average Supercharger runs around $0.25 per KW. A full recharge to about 250 miles of range costs approximately $22.00. Typically, a half charge (150 miles of range) would cost about $11.00. Cost varies based on the region of the country and local electricity rates. In some areas, Tesla is not permitted by law to charge by KW. In these areas, they charge in 15-minute increments.
The last charging opportunity is called destination charging. This form of charging is free with patronage to the destination’s business. These are typically hotels and restaurants. These charging stations are not fast charging like Superchargers. Tesla does not permit destination stations to be paid charging.
Sustainability
There are many quotes that summarize Elon Musk’s vision for sustainability for the company. Here is one that summarizes his vision the best: “Tesla’s mission is to accelerate the world’s transition to sustainable energy. We hire the world’s best and brightest people to help make this future a reality. Every Tesla is designed to be the safest, quickest car in its class—with industry-leading safety, range, and performance. Our global network of Superchargers and Destination Chargers provides convenient locations to stay charged anywhere you go. Tesla energy products work together to power your home and charge your electric car. Solar produces clean energy during the day, and Powerwall stores energy to power your home at night or during an outage.”
There is skepticism about Tesla’s long-term repercussions. Many would like more reporting available. It is clear that the company and its owners are dedicated to solar energy and reducing emotions and the use of fossil fuels. All of this adds up to a substantial environmental impact. No one can doubt solar energy is moving in the right direction.
Safety
Safety is a controversial subject with new technology advances that offer self-driving modes. Tesla Autopilot is what’s known as an autonomous driver assistance system. In simple terms, it’s a feature that allows a Tesla to ‘see’ the cars and road around it, and drive itself to a limited degree.
Tesla has a program to make safety a priority. Before Tesla approves a driver’s request to access the beta self-driving mode, the company will monitor driving behaviors behind the wheel for seven days, measuring factors like hard braking, aggressive turning, and unsafe following of other vehicles, according to Tesla’s website.
While Tesla is known as technology-forward and emphasizes the “fun” aspect of driving its vehicles with video games and other entertainment, safety is still one of its top priorities, and Tesla has been successful at it. Both the Model S and the Model X were awarded 5-star safety ratings with a small probability of severe injury ever seen.
Tesla Now
There is no doubt that Tesla is leading the way in the automobile industry through its development of the all-electric sports car. Before Tesla, hybrid electric cars were sometimes regarded as toys. There was a need to give electric cars a new look. This gamble has paid off in gold. Everyone that smeared at the company beginning wishes they had a piece of the pie now.
Want to sell a Tesla for Cash?
After learning all about how valuable Tesla cars are, are you looking to sell your old one? If so, let us help you. We can help you get the best value for your money with our services, leaving you with enough funds to purchase a brand new Tesla with ease. For more information on how to sell your Tesla with us, contact us today!
