If you are a lover of automobiles especially electric cars then no doubt your first preference will be Tesla. Its technological brilliance is envied by one and all. The automotive giant has been successful in manufacturing some of the vehicles that have managed to beat its competitors in terms of performance, capabilities and track time.
Tesla is an American origin company that was founded in the year 2003 and is based in Palo Alto in California. It is associated with automotive, energy production and energy storage industries and specializes in the manufacturing of electric vehicles along with acquisition and manufacturing of solar roof tile, solar panel, and solar city. Currently, the company is ranked as the best-selling automotive group as well as a brand with a market share of 23% and 17% in the battery-electric and plug-in segment respectively. Its global sales increased 50% from the year 2018 to the year 2019 and by February 2020, its market capitalization was estimated at 166 billion US Dollars.