A Paro Alto, California-based American automotive and energy firm Tesla was founded in 2003 under Martin Eberhard and Marc Tarpenning. A tribute to Nikola Tesla, the company was formally christened as Tesla Motors. The company aims to push electric mobility since all Tesla cars are electric-powered.
The company witnessed the joining of Elon Musk (chief executive officer, as of 2019), J. B. Straubel, and Ian Wright. Since 2003, the company has manufactured several fast charging points and factories in the United States. Tesla is the only new car independent company that encouraged others to join the EV race.