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Zenger
Zenger
Business
Shanthi Rexaline

Tesla’s Rise: From Roadster To Global Gigafactories

Nikola Tesla Elon Musk Martin Eberhard Marc Tarpenning Tesla Inc. Fremont GM Lotus Toyota United States
Tesla, Inc. stock may be languishing currently, but it has generated mouth-watering returns over the years. SMITH COLLECTION/GETTY IMAGES

Tesla, Inc. (NASDAQ:TSLA) stock may be languishing currently, but it has generated mouth-watering returns over the years.

Landing First Factory Tesla was founded in 2003 by Martin Eberhard and Marc Tarpenning, who named the company after Serbian-American physicist and inventor Nikola Tesla, a pioneer of the generation, transmission and use of alternating current electricity. As Tesla Motors embarked on manufacturing a high-end, low-volume sports car, investors, including current CEO Elon Musk, plowed in capital. Musk was named the chairman of the company, with Eberhard and Tarpenning serving as CEO and CFO, respectively.

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