Tesla Drops 'Motors' From Company Name
Photo by Eric Gandarilla.
Tesla Motors Inc. has changed its name to Tesla Inc. to reflect CEO Elon Musk's desire to transport the company into a more diverse energy company rather than just an electric car maker, reports Reuters.
In November, Tesla acquired SolarCity for about $2 billion.
In August, Tesla hired fleet industry veteran Michael Stafford as its North American corporate sales manager.