Founded in 2003, Tesla Motors accelerates the world's transition to sustainable energy. The company designs and produces electric cars that successfully compete with gasoline-powered cars, but without emissions to the atmosphere.While the Tesla Model S and Model X cars represent their luxury segment, the company are also developing the Tesla Model 3, a more affordable, mass-market vehicle. Besides automobiles, Tesla Motors sells energy storage batteries and solar panels to reduce the reliance on fossil fuels.