EV Magazine November 2024 | Page 55

TESLA
TOP 10 – TECH COMPANIES IN EV

01

TESLA

REVENUE : US $ 95BN EMPLOYEES : 121,000 CEO : ELON MUSK FOUNDED : 2003
Tesla has emerged as the vanguard of the EV transformation , pioneering the automotive landscape since its inception in 2003 . While traditional manufacturers were still heavily invested in combustion engines , Tesla boldly committed to an all-electric future .
The company ’ s product range spans from luxurious sedans to robust trucks , showcasing its versatility . Tesla ’ s vertical integration strategy , encompassing in-house development of batteries , motors and software , has given it unprecedented control over quality and innovation .
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Tesla ’ s technological prowess is evident in its over-the-air update capability , allowing vehicles to improve continuously after purchase . Its proprietary Supercharger network has been instrumental in addressing range anxiety , a significant barrier to EV adoption . Beyond automotive , Tesla is extending its reach into renewable energy solutions for homes , integrating solar panels and Powerwall batteries . The comprehensive approach highlights Tesla ’ s commitment to sustainability , positioning it as a car manufacturer and a holistic clean energy enterprise .
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