is said to be the most successful American car startup after Ford motors, which was founded around 110 years ago. Today, most of the people believe Tesla was created by its charismatic CEO, Elon Musk, a PayPal, SpaceX cofounder who is the face of the both companies. But Tesla motors was a brainchild of a group of obsessive and inventive engineers of Silicon Valley with an aim to prove that electric vehicles could be a great replacement of the internal combustion engines. Tesla Roadster was the first car released by Tesla back in 2008. Car and Driver said, "It is not just a car, but one of the strongest automotive statements on the road." Then the sports sedan Model-S was released in 2013, and soon became the most loved car in US (according to Forbes, 2004). In 2007, when Tesla nearly went bankrupt Martin Eberhard (one of the founding member) resigned from the CEO position and took on a new title, President of Technology. Then, Musk took over the role of CEO himself and risked his own fortune, pouring around $75 million into the company. Eventually, he made the world to accelerate on adapting the sustainable …show more content…
SpaceX designs, manufactures and launches advanced rockets and spacecraft. Musk serves SpaceX as the CEO and Lead Designer. It is the only private company ever to return a spacecraft from low-Earth orbit (happened in December 2010). In May 2012, company made history again when its Dragon spacecraft attached to the International Space Station, exchanged cargo payloads, and returned safely to Earth. This was previously done only governments. However, SpaceX continues to work toward one of its key goals—developing reusable rockets, a move that will change space exploration by delivering more reliable vehicles at extremely reduced