| | '''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 was 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 September 2023, Tesla's market value was nearly six times the total market value of the entire [[Big Three]], at more than $800 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 while others claim that it is massively undervalued and understood; these are the people who see Tesla as a software company and not a car company.<ref>https://www.youtube.com/watch?v=4O_oevLs3iU - Savagegeese via [[YouTube]]</ref> | | '''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 was 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 September 2023, Tesla's market value was nearly six times the total market value of the entire [[Big Three]], at more than $800 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 while others claim that it is massively undervalued and understood; these are the people who see Tesla as a software company and not a car company.<ref>https://www.youtube.com/watch?v=4O_oevLs3iU - Savagegeese via [[YouTube]]</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> | + | In 2016, Model 3 pre-order reservations approach the 400,000 mark, at a price tag of $35,000, despite delayed delivery 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> |
| | 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]]. |