Elon Musk, CEO of Tesla Motors, stands with his fiancee Talulah Riley and his twin sons Griffin, left, 6, and Xavier at the Nasdaq’s opening bell to celebrate the electric automaker’s initial public offering on Jun. 29, 2010.
Tesla Motors, Inc. designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. The Company owns its sales and service network, and markets and sells its vehicles directly to consumers through the phone and Internet, in-person at its corporate events and through its network of Tesla stores. The Company commercially produces an electric vehicle, the Tesla Roadster. The Tesla Roadster offers acceleration and performance without producing any tailpipe emissions. In addition, it provides services for the development of electric powertrain components and sells electric powertrain components to other automotive manufacturers. On July 1, 2010, it introduced the Roadster 2.5, with new styling and an upgraded interior. As of December 31, 2010, it had delivered over 1,500 Tesla Roadsters to customers in 31 countries, almost all of which were sold in North America and Europe.
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Tesla CEO Elon Musk waves in front of the Model S at the Tesla factory in Fremont, Calif.
