Charging a tesla

Charging a tesla

Charging a tesla

From a traditional point of view, Tesla and all other electric cars seem to be backward. Many of the old rules of vehicle ownership don’t apply and therefore owners of these cars aren’t benefiting from the items associated with this type of vehicle. For example, EVs can’t be plugged in every night and therefore need to be charged at home every day. However, owners of these cars still enjoy the range and power they receive.


Tesla designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. Tesla is one of the world's most valuable companies and remains the most valuable automaker in the world with a market cap of nearly $1 trillion. The company had the most sales of battery electric vehicles and plug-in electric vehicles, capturing 16% of the plug-in market (which includes plug-in hybrids) and 23% of the battery-electric (purely electric) market. Through its subsidiary Tesla Energy, the company develops and is a major installer of photovoltaic systems in the United States. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 3 gigawatt-hours (GWh) installed in 2020.

In February 2004, via a US$6.5 million investment, X.com co-founder Elon Musk became the largest shareholder of the company and its chairman. He has served as CEO since 2008. According to Musk, the purpose of Tesla is to help expedite the move to sustainable transport and energy, obtained through electric vehicles and solar power. Tesla began production of its first car model, the Roadster, in 2009. This was followed by the Tesla Model S sedan in 2012, the Tesla Model X SUV in 2015, the Tesla Model 3 sedan in 2017, and the Tesla Model Y crossover in 2020. The Tesla Model 3 is the all-time best-selling plug-in electric car worldwide, and, in June 2021, became the first electric car to sell 1 million units globally. (Source: en.wikipedia.org)


This is because some jurisdictions, particularly in the United States, prohibit auto manufacturers from directly selling vehicles to consumers and dealership associations have filed lawsuits to prevent direct sales. These associations argued that the franchise system protects consumers because they encourage dealers to compete with each other, lowering the price a customer pays. They also claimed that direct sales would allow manufacturers to undersell their own dealers.

Musk himself further contended that dealers would have a disincentive to sell electric vehicles because Tesla vehicles, as he suggested in a speech, require less maintenance and therefore would negatively affect the after-sales service of vehicles, a large profit center for most dealerships. (Source:en.wikipedia.org)




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