Tesla

Tesla

Mubeen Nisar, Staff Reporter

Elon Musk, Co-founder turned CEO of Tesla Inc, founded in 2003 in San Carlos, CA; is a trendsetting and innovative electric automobile manufacturing company which has been taking the world by storm in recent years.

When the company was founded in 2003, it was seen as a dangerous move considering not many were interested in new technologies like electric cars, nor were they inclined to pay more for such cars considering there were cheaper gasoline—powered cars. This resulted in a rocky start for the company, and in 2008 the business almost went bankrupt.

In 2012 the company underwent a complete revamp with Elon Musk taking the position of CEO and started to see exponential amounts of growth, largely due to superchargers, which are available across the world to let consumers charge their cars quickly and cheaply. The company has grown on the basis of providing cutting edge technologies paired with previously unimaginable specifications and trendsetting new innovations.

“What they’re doing is really cool and the stuff they’re releasing is like no one else,” said Levi Holmes (12).

Their lineup currently consists of the Model 3, Model S, and Model X, which have all collectively sold a total of 891,000 units since 2012. The company has seen massive amounts of revenue which is said to be more than 21.5 billion. Recently the market value of the company’s stock has reached a whopping 89 billion, which is 2 billion more than market values of Ford and GM.

The growth only seems to be continuing. With oncoming projects such as: the Model Y, revived Roadster, Semi, and the Cybertruck; hype for the company and their products is heightening more and more every day. Fans are always looking for news on these future projects and more announcements from Musk on what they’ll do next.

“They announce so many things it is crazy how they keep up but they’ve been keeping up with their promises.” said Brice Morrison (12).

The message of being an all-electric automotive company is one for which many people commend Musk and Tesla. Providing alternatives to gasoline driven cars in a world where environmental awareness is growing while making performance cars affordable, is meeting a large demand in the economy.

Though Musk is busy with Tesla, SpaceX, and the birth of his sixth child on the way, he doesn’t seem to be slowing down in terms of productivity and moving forward to further become a staple in the car making world. These ambitions along with a base of people who undoubtedly support all the ventures taken by the company make a recipe for success.