5 Fascinating Facts about Tesla

TLDRTesla, the e-car manufacturer, has quickly become one of the most valuable companies in the world. With an eccentric CEO, unique merchandise, and a game-changing approach to patents, here are five intriguing facts about Tesla.

Key insights

🚀Tesla has gone from near bankruptcy to being the most valuable car maker in the world, worth over $350 billion.

🔌Tesla offers more than just cars, selling solar panels, accessories, toys, and apparel on their website.

🚗🔫Tesla's Model S can be transformed into a James Bond car with the press of a button, influenced by Elon Musk's love for James Bond movies.

💡Tesla made all their patents accessible to any company that wants to invest in sustainable transportation, promoting innovation in the industry.

🇨🇳Tesla was the first foreign company allowed to establish a subsidiary in China without a local partner, gaining access to the largest electric vehicle market in the world.

Q&A

How did Tesla become so valuable?

Tesla's rapid rise in value is due to their disruptive electric models and their success in capturing a significant share of the car market, despite having a smaller market share and revenue compared to traditional automakers.

What other products can you buy from Tesla?

In addition to cars, Tesla offers a range of products on their website, including solar panels, accessories, toys, and apparel.

Can a Tesla Model S really transform into a James Bond car?

Yes, by holding the T button on the center panel, Tesla Model S owners can see an image of the submersible Lotus Esprit S1, the car used in the James Bond movie 'The Spy Who Loved Me'. It's a fun feature influenced by Elon Musk's love for James Bond movies.

Why did Tesla make their patents accessible to other companies?

Tesla believes that collaboration and the expansion of sustainable transportation infrastructure are essential for the industry's growth. By opening up their patents, they hope to incentivize other companies to invest in electric vehicles and contribute to the overall development of the industry.

How did Tesla become the first foreign company to operate independently in China?

In 2018, the Chinese government changed its policy on international investment in electric cars, allowing Tesla to establish a Chinese subsidiary without a local partner. Tesla's commitment to opening a research facility and designing cars specifically for the Chinese market also contributed to this milestone.

Timestamped Summary

00:00Tesla, the e-car manufacturer, is constantly making headlines as one of the most talked-about companies.

00:36Elon Musk's unconventional style and eccentricities have contributed to Tesla's omnipresence in the media.

00:58From near bankruptcy to being the most valuable car maker in the world, Tesla's rise has been meteoric.

04:41Tesla offers more than just cars, with a range of products available on their website, from solar panels to apparel.

05:20Tesla's Model S can be transformed into a James Bond car, inspired by Elon Musk's love for James Bond movies.

07:47Tesla made all their patents accessible, encouraging innovation and collaboration in the sustainable transportation industry.

10:33Tesla became the first foreign company allowed to operate independently in China, gaining access to the world's largest electric vehicle market.

11:26With their unique approach and constant innovation, Tesla continues to captivate investors and car enthusiasts alike.