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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] ]] |
| | + | '''Tesla Motors''' is an American [[electric car]] company originally 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> |
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| − | '''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 has a non-unionized workforce, which earns about one-third the unionized workers at the [[Big Three]] automakers. |
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| | 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> | | 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> |