Tesla Motors: Accelerating a Transition to Electric Mobility
Tesla Motors was founded in 2003 by a group of intrepid Silicon Valley engineers who set out to prove that electric vehicles could be awesome. Based in Palo Alto, CA, the company is designing and building battery packs and electric powertrains and are working to drive down the cost of electric vehicles and lessen global dependence on petroleum-based transportation.
The company’s goal is to accelerate the world’s transition to electric mobility with a full range of increasingly affordable electric cars – catalyzing change in the industry. Its technology offers the most efficient path to a sustainable energy future. No hybrids. No hydrogen. No hype.
The company’s first production car was the Tesla Roadster, the world’s first electric “supercar.” Model S, the first premium sedan designed as an electric car, will be available in mid-2012. The company also partners with some of the world’s largest automotive and battery manufacturers, working to make electric cars available to as many people as possible.
In August 2011, Fast Company magazine reported that the new Tesla will feature an lithium ion battery pack, with up to 300 miles of range, the capability to recharge in just 45 minutes, and a liquid-cooled motor.
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