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| | [[File:Tesla-1.jpg|thumbnail|right|Tesla Motors store in [https://www.google.com/maps/place/Tesla+Motors/@41.5197555,-81.4932976,18.75z/data=!4m2!3m1!1s0x0000000000000000:0xc16a978aed5c7e36 Lyndhurst, Ohio] ]] | | [[File:Tesla-1.jpg|thumbnail|right|Tesla Motors store in [https://www.google.com/maps/place/Tesla+Motors/@41.5197555,-81.4932976,18.75z/data=!4m2!3m1!1s0x0000000000000000:0xc16a978aed5c7e36 Lyndhurst, Ohio] ]] |
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| − | '''Tesla Motors''' is an American [[electric car]] company based in [[Palo Alto]], [[California]]. The company was founded by Malcom Smith and Marc Tarpenning in 2003. They were joined by PayPal co-founder [[Elon Musk]], J. B. Straubel and Ian Wright the next year.<ref>https://www.businessinsider.com/tesla-the-origin-story-2014-10 </ref> It designs, develops, and manufactures zero emission electric vehicles, such as the Roadster, the Model S, the Model X and the Model 3. As of April 2016, Tesla's market worth is about $32.75 billion, compared with [[GM]]’s $45.65 billion.<ref>[http://247wallst.com/autos/2016/04/12/what-the-tesla-model-3-has-against-the-toyota-prius-and-chevy-bolt/ What the Tesla Model 3 Has Against the Toyota Prius and Chevy Bolt, 247wallst, April 12, 2016]</ref> In August 2020, its market value was more than ten times higher, at $375 billion, due in large part to its exploitation of [[regulatory credits]] as required by [[liberal]], zero-emission states and countries.<ref>https://www.forbes.com/sites/greatspeculations/2020/07/23/behind-teslas-profits/#10b08c4793e6</ref> Some commentators have described Tesla's stock as grossly overvalued. | + | '''Tesla Motors''' is an American [[electric car]] company based in [[Palo Alto]], [[California]]. The company was founded by Malcolm Smith and Marc Tarpenning in 2003. They were joined by PayPal co-founder [[Elon Musk]], J. B. Straubel and Ian Wright the next year.<ref>https://www.businessinsider.com/tesla-the-origin-story-2014-10 </ref> It designs, develops, and manufactures zero emission electric vehicles, such as the Roadster, the Model S, the Model X and the Model 3. As of April 2016, Tesla's market worth is about $32.75 billion, compared with [[GM]]’s $45.65 billion.<ref>[http://247wallst.com/autos/2016/04/12/what-the-tesla-model-3-has-against-the-toyota-prius-and-chevy-bolt/ What the Tesla Model 3 Has Against the Toyota Prius and Chevy Bolt, 247wallst, April 12, 2016]</ref> In August 2020, its market value was more than ten times higher, at $375 billion, due in large part to its exploitation of [[regulatory credits]] as required by [[liberal]], zero-emission states and countries.<ref>https://www.forbes.com/sites/greatspeculations/2020/07/23/behind-teslas-profits/#10b08c4793e6</ref> Some commentators have described Tesla's stock as grossly overvalued. |
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| | Model 3 pre-order reservations approach the 400,000 mark. The price tag is $35,000. and delivery not until the end of 2017.<ref>[http://fortune.com/2016/04/15/tesla-model-3-reservations-400000/ Tesla's Model 3 Reservations Rise to Almost 400,000 Fortune.com, April 15,2016]</ref> | | Model 3 pre-order reservations approach the 400,000 mark. The price tag is $35,000. and delivery not until the end of 2017.<ref>[http://fortune.com/2016/04/15/tesla-model-3-reservations-400000/ Tesla's Model 3 Reservations Rise to Almost 400,000 Fortune.com, April 15,2016]</ref> |
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| | Tesla has recently received universal acclaim for the Model S, first released in 2012. The Model S is one of the safest cars NHTSA has tested, and is the highest scoring car Consumer Reports has reviewed in its 80 years of publication, with a road test score of a 99 out of 100.<ref>[http://www.teslamotors.com/about/press/releases/nhtsa-reaffirms-model-s-5star-safety-rating-all-categories-model-year-2014]</ref><ref>[http://www.consumerreports.org/cro/news/2013/05/video-the-tesla-model-s-is-our-top-scoring-car/index.htm]</ref> Reasons for praise include a long driving range (for an electric vehicle), seven passenger seating, a luxurious and roomy interior, a huge, tablet like touchscreen interface on the dashboard, and operating costs half that of a [[Toyota Prius]]. | | Tesla has recently received universal acclaim for the Model S, first released in 2012. The Model S is one of the safest cars NHTSA has tested, and is the highest scoring car Consumer Reports has reviewed in its 80 years of publication, with a road test score of a 99 out of 100.<ref>[http://www.teslamotors.com/about/press/releases/nhtsa-reaffirms-model-s-5star-safety-rating-all-categories-model-year-2014]</ref><ref>[http://www.consumerreports.org/cro/news/2013/05/video-the-tesla-model-s-is-our-top-scoring-car/index.htm]</ref> Reasons for praise include a long driving range (for an electric vehicle), seven passenger seating, a luxurious and roomy interior, a huge, tablet like touchscreen interface on the dashboard, and operating costs half that of a [[Toyota Prius]]. |
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| − | Toyota and Tesla have also worked together to produce the RAV4 EV, which was based on the third-gen Toyota RAV4, but had a Tesla electric power train. It was primarily sold to the public in California with fleet sales in other states. <ref>http://www.electric-vehiclenews.com/2010/11/initial-rav4-ev-sales-in-13-states.html</ref> | + | Toyota and Tesla have also worked together to produce the RAV4 EV (electric vehicle), which was based on the third-gen Toyota RAV4, but had a Tesla electric power train. It was primarily sold to the public in California with fleet sales in other states. <ref>http://www.electric-vehiclenews.com/2010/11/initial-rav4-ev-sales-in-13-states.html</ref> |
| | Sales discontinued in 2012.<ref> https://www.plugincars.com/toyota-wraps-production-rav4-ev-130150.html </ref> | | Sales discontinued in 2012.<ref> https://www.plugincars.com/toyota-wraps-production-rav4-ev-130150.html </ref> |
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| | ==References== | | ==References== |