Tesla​ ​1
Tesla
by
Maninder​ ​Pal​ ​Singh
December​ ​4,​ ​2017
MW​ ​1:30​ ​PM​ ​–​ ​3:00​ ​PM
Professor​ ​Torres
Macroeconomic​ ​Term​ ​Paper
Tesla​ ​2
Tesla​ ​Motors,​ ​Inc.
A​ ​group​ ​of​ ​engineers​ ​in​ ​2003​ ​decided​ ​to​ ​prove​ ​to​ ​the​ ​world​ ​that​ ​electric​ ​cars​ ​can
outperform​ ​the​ ​regular​ ​gasoline​ ​engine​ ​car.​ ​Therefore​ ​Tesla​ ​motors​ ​was​ ​founded​ ​by​ ​the
three​ ​silicon​ ​valley​ ​engineers​ ​Elon​ ​Musk,​ ​Martin​ ​Eberhard​ ​and​ ​Marc​ ​Tarpenning.​ ​Tesla
Motors​ ​was​ ​named​ ​after​ ​Nikola​ ​Tesla,​ ​an​ ​engineer​ ​who​ ​invented​ ​the​ ​first​ ​alternating
current​ ​(AC)​ ​motor​ ​and​ ​developed​ ​AC​ ​generation​ ​and​ ​transmission​ ​technology​ ​(History,
2013).​ ​​ ​Headquartered​ ​in​ ​Palo​ ​Alto,​ ​California.​ ​Tesla​ ​specializes​ ​in​ ​high​ ​range​ ​luxury
electricity​ ​vehicles,​ ​lithium-ion​ ​battery​ ​and​ ​also​ ​started​ ​developing​ ​powerwalls​ ​which
would​ ​be​ ​the​ ​main​ ​source​ ​of​ ​power​ ​in​ ​the​ ​future​ ​according​ ​to​ ​tesla.​ ​In​ ​2008,​ ​Tesla