AnuPartha Blog

Tesla’s first Roadster, launched in 2006, had a base sticker price of $109,000 and sold 2600 units in its first year. Detroit was then amused, as was evident from a now famous comment made by Mr Bob Lutz a long-time auto executive, and former Vice Chairman of GM. In an interview to a national magazine, Bob Lutz had said that the Tesla motor car and the company that developed it was a joke! But, how the tables have turned in just a few years! Tesla recently announced, in its last quarter earnings release, that it has sold out the entire 2015 production of its popular Model X car! Today, their EV car prices have dropped significantly, and it is expected that a sub $30K model is in the offing in 2016!

Silicon Valley takes on Motown!

Not surprisingly, Tesla was founded by 2 computer engineers, Martin Eberhard and Marc Tarpenning, who had never worked in any part of the automobile industry, and based 2500 miles away from Detroit, in San Francisco.… Read more…