9 Interesting Facts About Tesla Motors For Buyers Of Tesla Stocks

If you’ve been watching tesla stocks, you’ve noticed a lot of movement over recent months. After a hitting a 2-year low point in February 2016, the price rose steadily until April, when it dropped off sharply again. Some investment advisers are warning investors away, while others remain optimistic about the future of the company and believe it will pay off in the long run. If you’re considering making an investment, you may find it interesting to learn some facts about the company and its products.

  • CEO Elon Musk has been referred to as the founder of Tesla Motors, but in fact, he didn’t join the company until 2004, a year after the company was founded by Martin Eberhard and Marc Tarpenning.
  • Since 2004, Tesla’s designs have all been open sourced. Anyone can use them as long as they are doing so for the purpose of advancing the electric car industry.
  • Tesla doesn’t sell through auto dealers, but rather directly to customers. In fact, although Tesla has showrooms around the country, the only way to buy a Tesla car is to order it online. The showrooms offer information but no test drives.
  • The Tesla Model S is one of the easiest cars to maintain. Only the tires and windshield wipers need to be replaced on a regular basis.
  • The Model S also has a self-adjusting suspension that can lift up by 1.3 inches. This feature can be controlled by the driver, or it can be automatic.
  • The Model S can accelerate very fast. The original model can go from 0 to 60 in about 6 seconds, while the next model released has an “insane mode” that cuts the regular acceleration time in half. The P90D has a “ludicrous” mode that reduces the acceleration time to 2.8 seconds.
  • Tesla gives their customers an unusually long (8-year) warranty on the battery and motor of the Model S car.
  • The Model 3 is the first car Tesla has released for the mass market, and it sells for around $40,000. Just one week after the Model 3 was announced, there were 325,000 orders for it.
  • Tesla’s Model 3 never actually turns off. Instead, it goes to sleep, like a laptop, when it’s put in park.
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