Are electric cars the future? The success story of Tesla

In 1834, Robert Anderson of Scotland created the first electric car carriage. The following year, a small electric car was built by the team of professor Stratingh of Groningen, Holland and his assistant, Christopher Becker. More practical electric vehicles were brought onto the road by both American Thomas davenport and Scotsman Robert Davidson in 1842. Both of these inventors introduced non rechargeable electric cells in the electric car. The Parisian engineer Charles Jentaud fitted a carriage with an electric motor in 1881. William Edward Ayrton and John Perry, professors at the London’s city and guilds institute, began road trails with an electrical tricycle in 1882; Three years later a battery-driven electric cab serviced Brighton.

Electric cars during 1890s in the United States

Around 1900, internal combustion engines were only one of three competing technologies for propelling cars. Steam engines were used, while electric vehicles were clean, quiet, and did not smell. In the United States, electric cabs dominated in major cities for several years. The electric vehicle did not fail because of the limited range of batteries or their weight. Historian Michel Schiffer and others maintain, rather, that failed business strategies were more important. Thus, most moor cars in the twentieth century relied on internal combustion, except for niche applications such as urban deliveries. At the end of the century, after several efforts from small manufactures, general motors’ made available on all electric vehicle called EV1 from 1996 to 2003. In the late 1990s, Toyota and Honda introduced hybrid vehicles combining internal combustion engines and batteries.

How Tesla was created?

Entrepreneur Elon Musk is the man behind many modern innovations. It includes the digital payment service PayPal, the independent space travel company SpaceX, and the electric car company Tesla motors. Tesla motors is named after Nikola Tesla, a Serbian American inventor who contributed to the development f alternating current electricity. In 2003 two Silicon Valley engineers, Martin Eberhard and Marc Tarpenning sold their eBook business for 187 million dollars and started Tesla to build a greener car. Elon musk joined as an early investor leading the series finance and taking on several other roles as well. Tesla’s plan was simple but potentially genius. They focused on lithium-ion batteries which they expected to get cheaper and more powerful for many years. They planned to start their journey with a high margin, high performance sports car. Tesla also planned to integrate energy generation and storage in the home and develop other emerging technologies like autonomous vehicles.

Tesla Gigafactory in Tilburg, Netherlands

With this plan set, the company was ready to build a high performance low volume sports car, the roadster. Finally in 2008 Tesla motors released its first car, the completely electric roadster. In 2008, Martin and Marc left the company, and eventually Elon Musk took over as CEO. He made drastic changes, raising 40 million of debt financing and borrowed 465 million from the US government. In 2012 Tesla started focusing on two new cars, model S and model X. beginning in 2012, Tesla built stations called supercharges in the United States and Europe, designed for charging batteries quickly and at no extra cost to Tesla owners. These two models were poised for success but the high cost of lithium ion batteries made it a luxury item. To compensate this, in 2013, Tesla began building large factories called Gigafactories to produce lithium ion batteries and cars n large scale. It made Tesla cars ultimately cheaper than gas powered vehicles. Then Tesla gave autopilot system for its model S which gives semi autonomous capacities. By the end of 2017 Tesla passed ford in market value. Tesla released another crossover he model Y, in 2020. The model Y was smaller and less expensive than the model X and shared many parts with the model 3. Tesla announced several models to be released in the future, including a second version of the Roadster, a Semi trailer truck, a Pick-up truck and the Cybertruck.