Timeline of Tesla, Inc.
The following are some interesting questions that can be answered by reading this timeline:
|Time period||Key developments at Tesla|
|2003–2004||Martin Eberhard and Marc Tarpenning founded Tesla. Initial prototype, and received series A funding in 2004, led by Elon Musk.|
|2004–2007||Eberhard was CEO leading the Tesla development. Tesla continually designs prototypes for the Tesla Roadster. Elon Musk was Chairman of the board, contributing to the car design and market strategy.|
|2008–2012||Elon Musk gains control of Tesla and injects millions of his fortune into the company, which narrowly escapes bankruptcy. These are the years where Tesla sells its Tesla Roadsters. Sales end when Tesla runs out of Lotus gliders by 2012. Tesla reaches 3,000 employees by the end of 2012.|
|2012–2015||Tesla starts selling the Model S and achieves rapidly growing sales. Tesla expands its network of Supercharger stations to cover the entire United States, and expands to other countries. Cumulative sales passed 90,000 units by October 2015. By 2015, Tesla introduces rudimentary self-driving software into its vehicles.|
|Year||Month and date||Event type||Details|
|2003||July||Company||Tesla is founded by Martin Eberhard and Marc Tarpenning.|
|2004||April||Funding||Elon Musk leads the company's $7.5 million Series A financing round and becomes chairman of the board.|
|2005||February||Funding||Elon Musk injects $13 million more into the company in a Series B round during the development of the yet-announced Tesla Roadster.|
|2005||July||Legal||On July 11, Tesla signs production contract for Lotus to manufacture complete cars for what would later become the Tesla Roadster.|
|2006||May||Funding||Elon Musk and Technology Partners raise $40 million in a Series C round for Tesla.|
|2007||November||Team||Ze'ev Drori becomes CEO and President.|
|2008||March||Product||Tesla starts producing the Roadster.|
|2008||June||Product||Tesla announces the Model S on June 30, with a starting price of $50,000.|
|2008||August||Team||Tesla hires Franz von Holzhausen as its chief designer. He is involved in the design of the Tesla Model S.|
|2008||October||Team||Musk succeeds Drori as CEO. By then, in what he described as the "worst year of his life", he had divorced Justine Musk and has cumulatively injected $70 million of his money into Tesla.|
|2008||November||Funding||Tesla raises $40 million in a debt-financing round and narrowly escapes bankruptcy.|
|2009||May||Company||Tesla enters into a strategic partnership with Daimler AG, which acquires 10% equity stake in Tesla for $50 million.|
|2009||June||Funding||Tesla takes a $465 million loan from the United States Department of Energy. It repays its loan by May 2013.|
|2010||June||Funding||On June 29, Tesla goes IPO at $17 per share.|
|2010||June 30||"Tesla Announces Japan Will be First Destination in Asia"|
|2010||October||Company||Tesla officially takes possession of the Tesla Factory site in Fremont, CA and opens it.|
|2012||February||Product||On February 9, Tesla unlocks the Model X SUV.|
|2012||June||Product||On June 22, Tesla officially starts selling its Model S.|
|2013||June||Product||On June 11, Tesla announces the goal to deploy a battery swapping station in each of its existing supercharging stations, now to be renamed Tesla stations.|
|2013||October||Product||On October 2, a Tesla Model S catches on fire after hitting debris on the highway.|
|2014||March||Legal||New Jersey bans sales of the Tesla in the state, by finding that Tesla’s sales model violated regulations requiring that auto sales happen through a middleman franchisee.|
|2014||June||Company||Tesla open-sources its patents.|
|2015||February||Competition||Apple rumored to be working on a project, codenamed "Titan", to create an Apple-branded electric vehicle that resembles a minivan.|
|2015||March||Legal||On March 18, Chris Christie signs a law reversing New Jersey's ban on Tesla selling its cars directly in New Jersey.|
|2015||April||Product||Tesla announces the Tesla Powerwall - a set of high-capacity batteries that can be used for home energy storage.|
|2015||September||Competition||Porsche unveils its new Mission E electric car concept at the International Auto Show in Frankfurt. It will be expected to reach the market by 2020.|
|2015||September||Product||Tesla officially starts deliveries of the Model X.|
|2015||October||Product||Tesla introduces autopilot for its Model S. The software already starts auto-improving later the month. Later, Tesla restricted autopilot mode to stop people from doing "crazy things".|
|2015||December||Product||Global sales of the Tesla Model S achieve the 100,000 unit milestone.|
|2016||April||Product||Tesla Unveils the Model 3. Aimed for mass market consumers so it is planned to have a more affordable price of $35,000 (£24,423) and will have a range of at least 215 miles (346km) per charge. It has over 375,000 pre-orders that exceeded expectations; the car is due to be delivered in late 2017.|
|2017||February||Company||Tesla Motors is renamed to Tesla Inc.|
|2017||February||Company||Tesla begins operating in Portugal and Taiwan.|
|2017||February||Company||Consumer Reports ranks Tesla as the top American car brand and the 8th among global carmakers.|
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