In Tesla’s final years as a private company, things got pretty hectic.
As we showed in Part 1: Tesla’s Origin Story, the launch of the Roadster was a public relations success, but it created all kinds of problems internally. There were massive cost overruns, a revolving door of CEOs, layoffs, and even a narrow escape from bankruptcy.
Fortunately, by 2010 the company was able to forget these troubles after a successful IPO. The company secured $226 million in capital, and hitting the public markets started a roller coaster ride of growth.
RISE OF TESLA: THE COMPANY (PART 2 OF 3)
Today’s giant infographic comes to us from Global Energy Metals, and it is the second part of our three-part Rise of Tesla Series, which is a definitive source for everything you ever wanted to know about the company.
Part 2 shows major events from 2010 until today, and it tracks the company’s rapid growth along the way.
Tesla was the first American car company to IPO since The Ford Motor Company went public in 1956.
Interestingly, it only took seven years for Tesla to match Ford’s value – here are the major events during this stretch of time that made this incredible feat possible.
2010
After securing funding from the public markets, Tesla was positioned for its next big leap:
It was time to focus on the next phase of Tesla’s strategy: to build the company’s first real car from scratch – and to help the company achieve the economies of scale, impact, and reputation it desired.
2011
In 2011, Tesla announces that the Roadster will be officially discontinued.
