Timeline of Tesla Motors

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This is a timeline of the American company Tesla, Inc., a car manufacturer, energy storage manufacturer, and solar power installer.

Big picture

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.

Full timeline

Year Month and date Event type Details
2003 July Company Tesla is founded by Martin Eberhard and Marc Tarpenning.[1]
2004 April Funding Elon Musk leads the company's $7.5 million Series A financing round and becomes chairman of the board.[1][2]
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.[2]
2005 July Legal On July 11, Tesla signs production contract for Lotus to manufacture complete cars for what would later become the Tesla Roadster.[3]
2006 May Funding Elon Musk and Technology Partners raise $40 million in a Series C round for Tesla.[2]
2007 November Team Ze'ev Drori becomes CEO and President.[1]
2008 March Product Tesla starts producing the Roadster.[1]
2008 June Product Tesla announces the Model S on June 30, with a starting price of $50,000.[4]
2008 August Team Tesla hires Franz von Holzhausen as its chief designer. He is involved in the design of the Tesla Model S.[5]
2008 October Team Musk succeeds Drori as CEO.[1] 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.[6]
2009 May Company Tesla enters into a strategic partnership with Daimler AG, which acquires 10% equity stake in Tesla for $50 million.[7]
2009 June Funding Tesla takes a $465 million loan from the United States Department of Energy. It repays its loan by May 2013.[8]
2010 June Funding On June 29, Tesla goes IPO at $17 per share.[9]
2010 October Company Tesla officially takes possession of the Tesla Factory site in Fremont, CA and opens it.[10]
2012 February Product On February 9, Tesla unlocks the Model X SUV.[11]
2012 June Product On June 22, Tesla officially starts selling its Model S.[12]
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.[13]
2013 October Product On October 2, a Tesla Model S catches on fire after hitting debris on the highway.[14]
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.[15]
2014 June Company Tesla open-sources its patents.[16]
2015 February Competition Apple rumored to be working on a project, codenamed "Titan", to create an Apple-branded electric vehicle that resembles a minivan.[17]
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.[18]
2015 April Product Tesla announces the Tesla Powerwall - a set of high-capacity batteries that can be used for home energy storage.[19]
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.[20]
2015 September Product Tesla officially starts deliveries of the Model X.[21]
2015 October Product Tesla introduces autopilot for its Model S.[22] The software already starts auto-improving later the month.[23] Later, Tesla restricted autopilot mode to stop people from doing "crazy things".
2015 December Product Global sales of the Model S achieved the 100,000 unit milestone.[24]
2016 April Product Tesla Unveils the Model 3. Aimed for mass market consumers so it is planned to have a more affordable price[25] 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[26] that exceeded expectations; the car is due to be delivered in late 2017.[27]
2017 February Company Tesla Motors is renamed to Tesla Inc.[28]
2017 February Company Tesla begins operating in Portugal and Taiwan.[29]
2017 February Company Consumer Reports ranks Tesla as the top American car brand and the 8th among global carmakers.[30]

References

  1. 1.0 1.1 1.2 1.3 1.4 "Tesla: The Origin Story - Business Insider". Businessinsider.com. Retrieved November 8, 2015. 
  2. 2.0 2.1 2.2 "Tesla Motors". Retrieved November 8, 2015. 
  3. "Supply Agreement for Products and Services - Lotus Cars Ltd. and Tesla Motors Inc. - Sample Contracts and Business Forms". Contracts.onecle.com. Retrieved November 29, 2015. 
  4. "Tesla's Next Electric Car to be Called "Model S", New Factory to Open in North California : TreeHugger". Treehugger.com. Retrieved November 28, 2015. 
  5. "Breaking: Franz von Holzhausen to Tesla Motors as design director!". Autoblog.com. Retrieved November 12, 2015. 
  6. "Tesla Adds $40 Million to Its Coffers". Wired.com. Retrieved November 29, 2015. 
  7. "Daimler buys 10% stake in Tesla, will supply parts and engineering". Autoblog.com. Retrieved November 12, 2015. 
  8. "Tesla Repays $465 Million Loan from Federal Program". Cnbc.com. Retrieved November 5, 2015. 
  9. "Tesla Prices IPO At $17 Per Share". Techcrunch.com. Retrieved November 8, 2015. 
  10. "Tesla Motors Opens Tesla Factory - Home of the Model S (NASDAQ:TSLA)". Ir.teslamotors.com. Retrieved November 5, 2015. 
  11. "Tesla Unveils Model X". Retrieved November 28, 2015. 
  12. "2012 Tesla Model S Deliveries Start Today, EPA Figures Official". Retrieved November 28, 2015. 
  13. "Tesla unveils 90-second battery-pack swap - Jun. 21, 2013". CNN. Retrieved November 29, 2015. 
  14. "Tesla Says Car Fire Started in Battery". The New York Times. 2013-10-02. Retrieved November 5, 2015. 
  15. "New Jersey Bans Tesla to Ensure Buying a Car Will Always Suck". Wired.com. Retrieved November 28, 2015. 
  16. "All Our Patent Are Belong To You". Teslamotors.com. Retrieved November 8, 2015. 
  17. "Apple Gears Up to Challenge Tesla in Electric Cars". The Wall Street Journal. Retrieved November 29, 2015. 
  18. "In major reversal, New Jersey allows Tesla to sell its cars directly, without dealerships". Theverge.com. Retrieved November 28, 2015. 
  19. "Tesla's Big Announcement Is PowerWall: A Battery For Your Home". Popsci.com. Retrieved November 12, 2015. 
  20. "Porsche's New Mission E Electric Car: 'Better Than A Tesla' - Fortune". Fortune.com. Retrieved November 29, 2015. 
  21. "Green Car Congress: Tesla CEO Musk launches Model X electric SUV: "safest SUV ever"". Greencarcongress.com. Retrieved November 28, 2015. 
  22. "Your Autopilot has arrived". Teslamotors.com. Retrieved November 8, 2015. 
  23. "Tesla's self-driving car is already getting smarter - Quartz". Qz.com. Retrieved November 5, 2015. 
  24. Jeff Cobb (2015-12-15). "Tesla Model S Crossed 100,000 Sales Milestone This Month". HybridCars.com. Retrieved 2015-12-16. 
  25. BBC. "Tesla Model 3". BBC News. Retrieved April 3, 2016. 
  26. the guardian. "Model 3 pre-orders". theguardian News. Retrieved April 3, 2016. 
  27. Ars tecnica. "Delivery second half 2017". Ars tecnica. Retrieved April 4, 2016. 
  28. "Tesla Motors, Inc. is now officially Tesla, Inc.". TechCrunch. February 1, 2017. Retrieved February 1, 2017. 
  29. Tesla’s electric cars could be cruising down Indian streets this summer, Elon Musk says
  30. Bartlett, Jeff S. (February 28, 2017). "Which Car Brands Make the Best Vehicles?". Consumer Reports. Retrieved March 3, 2017. 
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