Tesla is one of the world's most valuable companies and remains the world's most valuable automaker with a market capitalization of nearly US$1 trillion. The company had the most worldwide sales of battery electric vehicles and plug-in electric vehicles, capturing 23% of the battery-electric (purely electric) market and 16% of the plug-in market (which includes plug-in hybrids) in 2020.
The company’s milestones:
2003 - Tesla Motors founded by Martin Eberhard and Marc Tarpenning in San Carlos, California. They serve as its CEO and CFO, respectively.
2004 - Elon Musk invests $30 million and joins Tesla as the Chairman of its Board of Directors.
2006 - Tesla showcases the prototype for its first car, the all-electric Roadster.
2008 - The Roadster enters production. Elon Musk receives the first vehicle produced.
2008 - Tesla announces its plans for the Model S sedan.
2009 - Facing financial troubles, Tesla seeks investment from Daimler AG and a loan from the Department of Energy. Tesla relocates its headquarters to Palo Alto, where it remains to this day.
2010 - Tesla goes public, raising $226 million in its IPO.
2011 - Tesla showcases the prototype for its Model S, the company's first sedan.
2012 - The Model S sedan goes into full-time production. Tesla discontinues production of the Roadster. The company also launches its first Supercharger charging stations with six locations in California.
2014 - Tesla announces its Nevada Gigafactory, where the company will manufacture the batteries for all of its products.
2015 - The company enters the solar power market, announcing a line of products to power homes and businesses based on a combination of solar panels and batteries.
2016 - Tesla announces plans for the Model 3 sedan, its first car aimed at a mass market.
2017 - Tesla Motors changes its name to Tesla, Inc. This remains the company's name to this day.
2018 - Tesla misses quotas for the Model 3 sedan, producing over a three-month period less than half of what it had forecast it could produce in one week.
2019 - Musk and Tesla unveil the "Cybertruck," an electric six-seater pickup truck. Musk later claims that Tesla has gotten 250,000 orders for the Cybertruck.
2020 - On the wave of a strong fiscal quarter and analyst upgrades, Tesla stock surges, eventually reaching over $900.
According to thestreet.com; en.wikipedia. Source of photo: internet