Product Updates

Tesla – The Next Big Thing In Auto-tech Segment1 min read

April 24, 2021 2 min read
Tesla

Tesla – The Next Big Thing In Auto-tech Segment1 min read

Reading Time: 2 minutes

From being a niche start-up in California to an industry leader & a global powerhouse, Tesla has come a long, long way.

The company has retained its position as an innovation hub which has allowed it to overcome obstacles in becoming a big name in the electric car space and many more Spaces to come.

The company’s CEO, Elon Musk is now the newspaper star for years. With an eye on ride-share, underground roads, and hyper-loops, we sure do know that Tesla will knock itself out.

A Walk Down the Lane

Tesla was named after Serbian American inventor Nikola Tesla and was founded in 2003 by Martin Eberhard & Marc Tarpenning.

Eberhard was Tesla’s Chief Executive Officer and Tarpenning was the company’s Chief Financial Officer. PayPal co-founder Elon Musk contributed more than $30 million to the new venture and served as chairman of the company, starting 2004.

And in 2008 Tesla released its first car, the completely electric Roadster. In company tests, it achieved 245 miles (394 km) on a single charge. After that, there was no looking back for Tesla.

Here’s a Snapshot of its Latest Performance

tesla statistics

Disclaimer – This content is purely for informational purpose and in no way advice or a recommendation.

Paytm Money Ltd (SEBI Reg No. INA100009859) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. The New Fund Offer is non Exchange traded products and Paytm Money Ltd (PML) is acting as an agent for distributing the same. Please note all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Such representations are not indicative of future results.