Tesla

The Tesla Story: From a Small Spark to a Global GiantThe story of Tesla isn't just about cars; it’s about how a tiny, struggling startup convinced the world that electric vehicles (EVs) could be cool, fast, and the future of travel.Chapter 1: The Early Spark (2003–2004)The company was founded in July 2003 by two engineers, Martin Eberhard and Marc Tarpenning. They were inspired after seeing big car companies scrap their electric car programs. They named the company after Nikola Tesla, the famous inventor of the alternating current (AC) motor.In 2004, Elon Musk entered the picture. He invested $6.5 million to help the company get started and became the Chairman of the Board.Chapter 2: The "Impossible" First Car (2006–2008)Tesla’s first goal was to prove that an electric car could be exciting. In 2006, they unveiled the Roadster prototype—a sleek, two-seat sports car.

• The Struggle: Building the Roadster was much harder than expected. It faced massive delays and costs skyrocketed.
• The Rescue: By late 2008, Tesla was nearly bankrupt. Elon Musk took over as CEO, invested his last remaining fortune, and secured a last-minute loan on Christmas Eve to save the company.
• The first Roadsters finally reached customers in . It was the first car to use lithium-ion batteries and could travel over on one charge.