What are some of the mind blowing facts about Tesla company? - ProProfs Discuss
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What are some of the mind-blowing facts about Tesla company?

Asked by M. Wright, Last updated: Jul 16, 2020

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M. Delilah

M. Delilah

M. Delilah
M. Delilah

Answered Jun 26, 2020

There is a lot of amazing fact about Tesla's company is one of the oldest American automobiles in the world. The name Tesla originated from a famous electrical engineer named Nikola Tesla; he invented the alternation current popularly known as AC. It was established by Marc Tarpenning and Martin Eberhard in 2003. Elon musk is mistaken to be the founder of Tesla Motors, however, he only joined Martin and Marc in 2004 and later became the board of directors.

Elon Musk also played a huge part in the growth of Tesla Motors; he is the founder of X.com, SpaceX, Boring Company, and lots more. Tesla’s stock is the third most shorted American stock exchange in American stock exchange, which is about 52.9% of shares of float.

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lenskiereponte

lenskiereponte

lenskiereponte
Lenskiereponte

Answered Jan 24, 2020

Tesla Motors is the second oldest publicly listed American automobile after Ford. Although GM went bankrupt, its stock is only four months younger than TSLA. Also, Chrysler wasn’t listed because they went bankrupt; however, they are still a private company.Tesla Motors’ stock is the third most shorted on American stock exchanges; about 52.9% of shares of float. Historically speaking, it has always been this high, i.e., moved from $19 (IPO Price) to $34.78. This implies that it has made gains of about 81% since it opened it is currently at $39.95 Tesla Motors is based in Silicon Valley in California, quite far away from Detroit, Michigan. Although this is quite unbelievable because Tesla does not have access to the same resources as Detroit based corporations do yet, Tesla still strives to do everything differently, and of course, over the years, they have been producing outstandingly. In addition, the success of Tesla isn’t just in its name, but also the brains behind the desk and hands behind the workshop. Employees of this company are also one of the major factors behind their success.
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