Tesla REIntroduces Electric Cars
Tesla Model X
While the concept of electric cars has been around since the early days of the auto industry, the launch of the modern day Electric Car industry can be tied to the introductions of cars from Tesla Motors and its charismatic chairman Elon Musk. In 2006 he introduced the Tesla Roadstar and began a revolution.
In July 2004, two entrepreneurs, Martin Eberhard and Marc Tarpenning, established Tesla Motors, which has since changed its name to Tesla, Inc. However, the company would not have been possible without a $7.5 million investment from Elon Musk in 2004, which led to him being appointed chairman of the board and then CEO by 2008.
Consequently, he invested an additional $70 million into the forward-thinking company, which was named after Nikola Tesla, the inventor behind the field of electrical and radio engineering.
2006: The Tesla Roadster
The media first took notice of Tesla following its official presentation of the Tesla Roadster, an all-electric sports car, in 2006. The world fell in love with the idea that a single charge would allow drivers to travel 393 kilometers in the vehicle, but it would take an average of three and a half hours to charge the car’s battery fully.
If this wasn’t enough, the vehicle can accelerate to 100 km/h in as little as 3.7 seconds, reaching a maximum speed of 201.1 km/h. The company also lived up to its name, as the vehicle features an AC motor that featured in Tesla’s original design from 1882.
2008: The Model S
After selling 2,400 Tesla Roadsters in 31 countries, Tesla introduced their next generation of electric cars: the Model S. It would soon become the iconic Tesla car and offers seven seats for a starting price of $50,000. While it would appear to be a sports vehicle at first glance, it is undoubtedly an affordable family car. In fact, people can even save on fuel by investing in a home charging station, which could make trips to the gas station a thing of the past.
2014: The Model 3
Following the success of the Model S, Tesla announced in the middle of 2014 that it was developing the innovative yet affordable Model 3. It was released onto the market in 2019, and it is becoming an increasingly common sight on US roads. The vehicle reportedly has a range of 260 miles and a 5.6 second 0-60mph time. It also has a starting price of $35,000.
2015: The Model S Vehicles
Tesla, Inc. introduced the Model S vehicles to the world in 2015, which feature three new models:
- Model S 60D
- Model S 85D
- Model S P85D
While each offer similar visuals to the original Model S, there are some notable changes under the hood. For example, the Model S P85D can drive from zero to 60 in just 3.2 seconds.
By 2019 Tesla had sold over 250,000 cars. Car production has been steadily rising from 48,000 in 2017, to 182,400 in 2018. While sales have increased the company has struggled to achieve sustained profitability. Tesla remains the premier brand when it comes to electric cars, but other tradtiional auto companies have been trying to compete with limited success.