I Care - Financial Consultancy and Insurance Services

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03/01/2025
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Ten Unknown Facts About
Founding: Tesla was founded in 2003 by engineers Martin Eberhard and Marc Tarpenning,
not Elon Musk. Musk joined the company as a major investor and became its public face.
Model Naming Quirk: Tesla’s car lineup follows a playful pattern: Model S, 3, X, and Y.
Elon Musk has said it was meant to spell "S3XY," with the number 3 replacing an "E."
Battery Focus: Tesla's breakthrough isn’t just in electric cars but also in battery technology. Tesla has invested heavily in creating
powerful and long-lasting batteries, not only for cars but also for energy storage solutions like Powerwall.
Autopilot and Full Self-Driving: Tesla’s Autopilot is an advanced driver-assistance system, but it’s not fully autonomous. The
company is working on Full Self-Driving (FSD) software, which could eventually enable true autonomous driving.
Gigafactories: Tesla operates massive manufacturing plants known as Gigafactories, located in the U.S., China, and
Germany. These factories are integral to Tesla’s ability to scale production and reduce costs.
SpaceX Connection: Tesla and SpaceX, both run by Elon Musk, share more than just a CEO. The companies collaborate on technology, and
SpaceX’s Falcon Heavy rocket even launched a Tesla Roadster into space as part of a 2018 test flight.
Sustainable Vision: Tesla's mission is to accelerate the world’s transition to sustainable energy.
In addition to electric cars, the company is a leader in solar power and energy storage solutions.
Over-the-Air Updates: Tesla was the first car manufacturer to allow over-the-air software updates, letting owners
download new features and improvements to their cars without visiting a dealership.
AI and Robots: Tesla’s AI Day event introduced Tesla Bot, a humanoid robot designed to handle dangerous or
repetitive tasks, showcasing Musk’s vision for AI and robotics beyond automobiles.
Environmental Impact: Tesla has reduced the overall carbon footprint of its vehicle manufacturing and is
working on creating fully recyclable batteries, making it a leader in the green automotive revolution.

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