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Definition: Tesla


(1) For NVIDIA's earlier line of general-purpose GPUs, see NVIDIA Tesla.

(2) (Tesla, Inc., Austin, Texas) The company that popularized the electric vehicle (EV) revolution in the 21st century. Although Tesla is synonymous with EVs, it is also involved in home battery storage, taxis and robotics. See electric vehicle, Robotaxi, Optimus and Dojo supercomputer.

Tesla maintains direct sales and does not franchise dealerships. Orders can be placed online and test drives are available at Tesla-owned showrooms, although states may restrict the number of locations and require the final sale to be online. Tesla showrooms are also located in Native American lands, which are not subject to state regulations.

The company was founded in 2003 by Martin Eberhard and Marc Tarpenning. After Elon Musk contributed funding the following year, he became chairman of the board. Since 2008, he has been CEO, and due to a legal settlement was retroactively designated as a co-founder.

From the Ground Up
Rather than retrofit an existing car body for the huge battery necessary to power an EV, Tesla designed its vehicles from scratch. Tesla also builds its own batteries and charging stations.

Only Cameras
Teslas use cameras and AI neural networks to sense their surroundings rather than the more expensive radar and LIDAR; however, the latter is used in training the networks. Cameras are less expensive and do not require bulky sensors that can fail and make the vehicle less streamlined. Tesla claims cameras provide more precision and can distinguish more detail, such as road hazards.

Greater Range and More Charging Stations
In 2009, the Tesla Roadster was first with a 200-mile range. Since then, some models attained a range of 400+ miles, although other high-end EVs have reached even greater distances.

In 2014, Tesla charging stations in the U.S. enabled owners to drive from Los Angeles to New York. Charging was initially free; however, the free service was dropped in 2017, although occasionally resurrected for various promotions. In 2025, Consumer Reports rated three Tesla models at the top of "miles per minute" of charging (see EV charging).

Changes in Battery and the Model 2
Tesla is expected to switch from the common lithium ion battery to lithium iron phosphate in its upcoming Model 2. The retail price of the Model 2 is expected to be around $25,000, which would be a game changer for EVs. Stay tuned! See lithium iron phosphate battery.

Nikola Tesla - AC and Radio
The company was named after Serbian-American electrical engineer Nikola Tesla (1856-1943), who made major contributions to the design of alternating current (AC) in the late 1800s. AC enabled audio signals to travel over radio waves in the early 1900s.




Tesla Charging Stations
Whereas other automobile manufacturers have concentrated on developing their EV technology, Tesla has invested in the ecosystem by installing chargers around the U.S. These units in Bucks County, Pennsylvania are at a Wawa convenience store and gas station.