Tesla Motors Inc.

540 Words3 Pages
Every business and company in this world has started from the bottom and worked there way up in some certain way. Starting up a business or company comes with big risks. These entreprenuers risk the possibility that the company will have lower than expected profits or will expereince loss rather than a profit. Martin Eberhard and his business partner Marc Tarpenning took that risk founding Tesla Motors Inc. As said by Thomas Jefferson, "With great risk comes great reward," and that is exactly what happened for Tesla Motors.
Tesla Motors Inc. is an American auto company based in Palo Alto, California. The name for the company comes from a Serbian inventor, Nikola Tesla, an engineer who created the induction motor and alternating-current power transmission. Eberhard and Tarpenning decided to name the company after Tesla because, "Without Tesla's vision and brilliance, our car wouldn't be possible" (Davies, 2013.) Founded in 2003, the company desings, manufactures and sells high-performance electric cars and electric vehicle powertrain components. During that time, starting up a busi...

More about Tesla Motors Inc.

Open Document