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Tesla Motors

Electric Sport Cars

Founded: Jan 2003

Palo Alto, United States

NASDAQ:TSLA

Tesla Motors, founded by Elon Musk, Marc Tarpenning and Martin Eberhard, is a company that produces a high-performance electric sports car, and is backed by a number of high-profile investors. Introduced in June 2006 to the public complete with a test drive by California Governor Arnold Schwarzenegger, the Tesla Roadster is able to go from 0 to 60 in less than 4 seconds (competitive with Porsche and Lamborghini models), while also delivering 100 miles per gallon (double the efficiency of the Toyota Prius). The car’s base price is around $100,000, and can be ordered online.

Tesla’s investors include Silicon Valley luminaries like Paypal founder Elon Musk and Google co-founders Larry Page and Sergey Brin.