Tesla (TSLA) was founded in 2003 with the concept of creating electric cars that could rival the feel and excitement of a regular car. It took their team of engineers five years to come out with the first car, named Roadster. This vehicle was limited and not mass produced, it served more as a prototype until they improved upon the technology.
The only problem was, Tesla need funding. So in 2010, the company had their IPO on the NASDAQ. They raised $226.1 million and used this money to start developing a premium sedan.
However before the sedan was released Tesla updated the original Roadster, and created the Roadster 2.5, which was released in 2011 with limited production. Only 2,400 were sold thanks to the over $100,000 price tag.
Tesla entered the luxury sedan market in 2012 with the Model S. It achieved a perfect 5.0 rating from the National Highway Traffic Safety Administration, according to its website.
Two years later the company released its signature Autopilot feature that would become a key feature of all future models. Consumers who bought the Model S prior to the release of Autopilot could have it installed on their vehicles as well.
In 2015, Tesla brought the Model X to market, targeting the luxury SUV market. The Model X could run for up to 295 miles per charge and featured the falcon wing doors.
It wasn't until 2017, that Tesla decided to enter the regular compact sedan market. The Model 3 was its attempt at a "budget" vehicle for the everyday consumer. The pricing on the Model 3 begins at $35,000, but doesn't include the Autopilot feature and many other stylish accessories.
The Semi and Roadster also were announced in 2017, but production will not begin on either vehicle until 2019. The Semi will be able to travel 500 miles per charge, while the Roadster will be the fastest production car once it's released. Tesla claims the Roadster will accelerate from 0-60 mph in just 1.9 seconds.
Finally there is the rumored Model Y, the crossover utility vehicle which Tesla CEO Elon Musk hinted at during a previous earnings call.