How Tesla shocked the auto industry

Business
How Tesla shocked the auto industry

Tesla's electric vehicles revolutionized the auto world with sustainable tech and direct sales, forcing legacy automakers to electrify and reshaping the industry's future.

Tesla's electric cars completely upended the traditional auto industry, not just with innovative battery tech and self-driving features, but also by selling directly to customers. Founded in 2003, Tesla launched its Roadster in 2008, the first production car to use lithium-ion batteries for over 200 miles per charge. This challenged gasoline engines that had dominated for a century.

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