Tesla Motors changed its name to Tesla in 2017.
The company was incorporated in 2003 as Tesla Motors, reflecting its original focus on electric automobiles. In February 2017, it adopted the shorter name Tesla, Inc. The change acknowledged that its activities had expanded beyond cars to include energy storage, solar products, charging infrastructure, and related technology.
Tesla’s market capitalization rose sharply as investors priced in expectations for electric-vehicle growth, manufacturing scale, software features, and energy businesses. The company is often linked exclusively with the Model S, Model 3, Model X, and Model Y, but its corporate strategy includes more than vehicle sales. Tesla is also distinct from the earlier electric-car startup Tesla Motors, even though the name change preserved the familiar brand. Its valuation remains sensitive to delivery numbers, margins, competition, and broader technology sentiment.