The Federal Telegraph Company was a United States manufacturing and communications company that played a pivotal role in the 20th century in the development of radio communications.
103-605: The company was founded in Palo Alto, California in 1909 by Cyril Frank Elwell , and was first known as the Poulsen Wireless Company, after licensing Valdemar Poulsen 's arc transmitter for use in the United States. The company initially developed high-powered transmitters used for long distance radiotelegraph communication. In 1911–13, Lee De Forest and two assistants worked at Federal Telegraph on
206-626: A Gigafactory Mexico to open in 2025, but its groundbreaking has been delayed. At the beginning of the COVID-19 pandemic , Tesla closed the Fremont Factory in March 2020 due to California state and Alameda county COVID restrictions. When California lifted restrictions, but the county did not, Tesla sued the county, and restarted production on May 11, 2020. The county lifted restrictions on May 13, 2020, and Tesla dropped its lawsuit. After
309-520: A coastal redwood tree known as El Palo Alto . The city of Palo Alto was established in 1894 by the American industrialist Leland Stanford when he founded Stanford University in memory of his son, Leland Stanford Jr. Palo Alto later expanded and now borders East Palo Alto , Mountain View , Los Altos , Los Altos Hills , Stanford , Portola Valley , and Menlo Park . As of the 2020 census ,
412-743: A mid-size car with a fastback body style and either a dual-motor, all-wheel drive layout or a rear-motor, rear-wheel drive layout. The vehicle was designed to be more affordable than the luxury Model S sedan. A prototype Model 3 was first shown in 2016 and within a week, the company received over 325,000 paid reservations. Deliveries started in July 2017. The Model 3 ranked as the world's best-selling electric car from 2018 to 2021, and cumulative sales passed 1 million in June 2021. The vehicle has seen one major design refresh in September 2023 which revised
515-436: A 2007 estimate, the median income for a household in the city was $ 119,046, and the median income for a family was $ 153,197. Males had a median income of $ 91,051 versus $ 60,202 for females. The per capita income for the city was $ 56,257. About 3.2% of families and 4.8% of the population were below the poverty line , including 4.0% of those under age 18 and 5.0% of those age 65 or over. Palo Alto, north of Oregon Expressway ,
618-536: A collegiate summer baseball club that has been in the Bay Area since 1950, eight years longer than the San Francisco Giants. The Oaks were originally managed by Tony Makjavich for 49 years. The Oaks were going to fold before the summer 2016 season but were taken on by Daniel Palladino and Whaylan Price, Bay Area baseball coaches who did not want to see the team die. The Oaks have a rich history within
721-508: A dual- or trimotor, all-wheel drive layout. The rear passenger doors open vertically with an articulating " falcon-wing " design. A prototype Model X was first shown in February 2012 and deliveries started in September 2015. The Model X shares around 30 percent of its content with the Model S. The vehicle has seen one major design refresh in June 2021 which revised the interior. The Model 3 is
824-477: A large global engineering headquarters in Palo Alto, moving into a corporate campus once owned by Hewlett Packard . In early 2021, Tesla became a major investor in bitcoin , acquiring $ 1.5 billion of the cryptocurrency , and on March 24, 2021, the company started accepting bitcoin as a form of payment for US vehicle purchases. However, after 49 days, the company ended bitcoin payments over concerns that
927-504: A loss, citing that the cryptocurrency was hurting the company's profitability. Between May 2023 and February 2024, almost all major North America EV manufacturers announced plans to switch to Tesla's North American Charging Standard adapters on their EVs by 2025, which is expected to be a stable source of recurring revenue for Tesla. In November, Tesla started shipping the Cybertruck, produced from Gigafactory Texas. In April 2024,
1030-516: A low of 39.0 °F (3.9 °C) to a high of 57.8 °F (14.3 °C). In July, average temperatures range from 55.7 to 79.4 °F (13.2 to 26.3 °C). The record high temperature was 108 °F (42 °C) on September 6, 2022, and the record low temperature was 20 °F (−7 °C) on January 11, 1949, and December 24, 1990. Temperatures reach 90 °F (32 °C) or higher on an average of 12.0 days. Temperatures drop to 32 °F (0 °C) or lower on an average of 14.0 days. Due to
1133-403: A new front-end design and again in June 2021, which revised the interior. The Model S was the top-selling plug-in electric car worldwide in 2015 and 2016. More than 250,000 vehicles have been sold as of December 2018 (when Tesla merged production numbers for the Model S and Model X). The Model X is a mid-size luxury crossover SUV offered in 5-, 6- and 7-passenger configurations with either
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#17327732468281236-584: A notably polarizing reception from media. On November 16, 2017, Tesla unveiled the second generation Roadster with a purported range of 620 miles (1,000 km) with a 200-kilowatt-hour (720 MJ) battery pack that would achieve 0–60 miles per hour (0–97 km/h) in 1.9 seconds; and 0–100 mph (0–161 km/h) in 4.2 seconds, and a top speed over 250 mph (400 km/h). A " SpaceX Package" would include cold-gas thrusters . The vehicle would have three electric motors, allowing all-wheel drive and torque vectoring during cornering. The base price
1339-474: A political party. Note: the US Census treats Hispanic/Latino as an ethnic category. This table excludes Latinos from the racial categories and assigns them to a separate category. Hispanics/Latinos can be of any race . The 2010 United States Census reported that Palo Alto had a population of 64,403. The population density was 2,497.5 inhabitants per square mile (964.3/km ). The racial makeup of Palo Alto
1442-471: A profit on vehicle servicing, which has traditionally been a large profit center for most auto dealerships. In 2016, Tesla recommended having any Tesla car inspected every 12,500 miles or once a year, whichever comes first. In early 2019, the manual was changed to say: "your Tesla does not require annual maintenance and regular fluid changes," and instead it recommends periodic servicing of the brake fluid, air conditioning, tires and air filters. Supercharger
1545-496: A registered national historic district, is bounded by Kingsley, Lincoln, and Addison Avenues and the cross streets of Ramona, Bryant, and Waverley. The district includes a large number of well-preserved residences dating from the 1890s, including 833 Kingsley, 345 Lincoln, and 450 Kingsley. 1044 Bryant was the home of Russell Varian , co-inventor of the Klystron tube . The Federal Telegraph laboratory site, situated at 218 Channing,
1648-430: A result, Palo Alto has two downtown areas: one along University Avenue and one along California Avenue (renamed after the annexation since Palo Alto already had a Lincoln Avenue). The Mayfield News wrote its own obituary four days later: It is with a feeling of deep regret that we see on our streets today those who would sell, or give, our beautiful little city to an outside community. We have watched Mayfield grow from
1751-605: A small hamlet, when Palo Alto was nothing more than a hayfield, to her present size ... and it is with a feeling of sorrow that we contemplate the fact that there are those who would sell or give the city away. Palo Alto continued to annex more land, including the Stanford Shopping Center area in 1953. Stanford Research Park , Embarcadero Road northeast of Bayshore, and the West Bayshore/San Antonio Road area were also annexed during
1854-666: A thousand acres (4.0 km ) extending from today's Page Mill Road to Serra Street and from El Camino Real to the foothills. Coutts named his property Ayrshire Farm. His fanciful 50-foot-tall (15 m) brick tower near Matadero Creek likely marked the south corner of his property. Leland Stanford started buying land in the area in 1876 for a horse farm, called the Palo Alto Stock Farm . Stanford bought Ayrshire Farm in 1882. In 1884, Leland Stanford and his wife, Jane lost their only child Leland Stanford Jr. when he died of typhoid fever at age 15 and decided to create
1957-521: A university in his memory. In 1886, they proposed having the university's gateway be Mayfield. However, they had one condition: alcohol had to be banned from the town. Known for its 13 rowdy saloons, Mayfield rejected his request. This led them to drive the formation of a new temperance town with the help of their friend Timothy Hopkins of the Southern Pacific Railroad , who in 1887 bought 740 acres (3.0 km ) of private land for
2060-532: A visiting boat captain, John Greer. Greer owned a home on the site that is now Town & Country Village on Embarcadero and El Camino Real . Greer Avenue and Court are named for him. To the south of the Sotos, the brothers Secundino and Teodoro Robles in 1849 bought Rancho Rincon de San Francisquito from José Peña, the 1841 grantee. The grant covered the area south of Rancho Rinconada del Arroyo de San Francisquito to more or less present-day Mountain View. The grant
2163-557: A warm-summer Mediterranean climate (Csb). Palo Alto was incorporated in 1894. In 1909 a municipal charter created a local government consisting of a fifteen-member city council, with responsibilities for various governmental functions delegated to appointed committees. In 1950, the city adopted a Council–manager government . Several appointed committees continue to advise the city council on specialized issues, such as land-use planning, utilities, and libraries, but these committees no longer have direct authority over City staff. Currently,
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#17327732468282266-463: Is a California Historical Landmark recognizing Lee de Forest 's 1911 invention of the vacuum tube and electronic oscillator at that location. While not open to the public, the garage that housed the launch of Hewlett Packard is located at 367 Addison Avenue. Hewlett Packard recently restored the house and garage. A second historic district on Ramona Street can be found downtown between University and Hamilton Avenues. The Palo Alto Chinese School
2369-516: Is a full-sized pickup truck . First announced in November 2019, pilot production began in July 2023, after being pushed back multiple times, and deliveries began on November 30, 2023. Three models are offered: rear-wheel drive, dual-motor all-wheel drive, and trimotor all-wheel drive, with EPA range estimates of 320–340 miles (510–550 km), depending on the model. The truck's exterior design made from flat sheets of unpainted stainless steel earned
2472-483: Is a tributary to San Francisquito Creek below Interstate 280. Palo Alto has a number of significant natural habitats, including estuarine , riparian , and oak forest. Many of these habitats are visible in Foothills Park , which is owned by the city. The Charleston Slough contains a rich marsh and littoral zone, providing feeding areas for a variety of shorebirds and other estuarine wildlife. Typical of
2575-581: Is by some measures the most expensive college town in the United States. Tesla, Inc. Tesla, Inc. ( / ˈ t ɛ s l ə / TESS -lə or / ˈ t ɛ z l ə / TEZ -lə ) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas , it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale , solar panels and solar shingles , and related products and services. Tesla
2678-485: Is filled with older homes, including Craftsman and California Colonials, some of which date back to the 1890s but most of which were built in the first four decades of the 20th century. South of Oregon Expressway, the homes, including many Joseph Eichler -designed or Eichler-style houses, were primarily built in the first 20 years after World War II. While the city contains homes that now cost anywhere from $ 800,000 to well over $ 40 million, much of Palo Alto's housing stock
2781-778: Is in the 13th Senate District , represented by Democrat Josh Becker , and in the 23rd Assembly District , represented by Democrat Marc Berman . In the United States House of Representatives , Palo Alto is in California's 16th congressional district , represented by Democrat Anna Eshoo . According to the California Secretary of State , as of February 10, 2019, Palo Alto has 40,040 registered voters. Of those, 20,857 (52.1%) are registered Democrats , 4,689 (11.7%) are registered Republicans , and 13,520 (33.8%) have declined to state
2884-472: Is in the style of California mid-century middle-class suburbia. The median home sale price for all of Palo Alto was $ 1.2 million in 2007 and $ 1.4 million in July 2009. Palo Alto ranked in as the 5th most expensive city in the United States as of 2007 , with an average home sales price of $ 1,677,000. In 2010, Palo Alto ranked as the 2nd most expensive city in the United States, with a four-bedroom, two-bathroom home listing for $ 1.48 million on average. Palo Alto
2987-402: Is one of the world's most valuable companies in terms of market capitalization . Starting in July 2020, it has been the world's most valuable automaker. In October 2021, Tesla temporarily became a trillion-dollar company , the seventh U.S. company to do so, and did so again in November 2024. In 2023, the company led the battery electric vehicle market, with 19.9% share. Also in 2023, the company
3090-473: Is parallel and crosses the narrow corridor of land that connects the two parcels that makeup Palo Alto. Somewhat perpendicular to these roads are Sand Hill Road from El Camino until it crosses San Francisquito Creek into Menlo Park, Embarcadero Road, Oregon Expressway/Page Mill Road , Arastradero Road/East Charleston Road, and San Antonio Road (the last forms part of the boundary with Mountain View). According to
3193-475: Is the branding used by Tesla for its high-voltage direct current fast chargers . Tesla also has a network of "Destination Chargers," slower than Superchargers and intended for locations where customers are expected to park and stay for several hours, such as hotels, restaurants, or shopping centers. Unlike the Supercharger network, Tesla does not own the destination chargers, instead, property owners set up
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3296-654: Is the oldest in the entire Bay Area. It is also home to the second oldest opera company in California, the West Bay Opera . One early major business was when Thomas Foon Chew , owner of the Bayside Canning Company in Alviso founded by his father, expanded his business by starting a cannery in 1918 in what was then Mayfield that initially employed 350 workers but later expanded. In the 1920s
3399-400: Is to service its vehicles first through remote diagnosis and repair. If it is not possible to resolve a problem remotely, a mobile technician is dispatched or customers are referred to a local Tesla-owned service center. As of October 2024 , the company operates 1,306 retail stores, galleries, service, delivery and body shop locations globally. Tesla has said that it does not want to make
3502-600: The Federal Telecommunications Laboratories , both continuing as subsidiaries of ITT after World War II through at least the 1950s. Palo Alto, California Palo Alto ( / ˌ p æ l oʊ ˈ æ l t oʊ / PAL -oh AL -toh ; Spanish for ' tall stick ' ) is a charter city in the northwestern corner of Santa Clara County, California , United States, in the San Francisco Bay Area , named after
3605-635: The Los Trancos and Monte Bello Open Space Preserves part of the Midpeninsula Regional Open Space District . The city extends as far as Skyline Boulevard along the ridge of the Santa Cruz Mountains . The northern more densely populated parcel is bordered by San Francisquito Creek (with Menlo Park and East Palo Alto in adjacent San Mateo County beyond) to the north, San Francisco Bay to
3708-588: The Mexican–American War , the United States seized Alta California in 1846; however, this was not legalized until the Treaty of Guadalupe Hidalgo was signed on July 4, 1848. Mexican citizens in the area could choose to become United States citizens and their land grants were to be recognized if they chose to do so (though many legal disputes arose over this). The land grant, Rancho Rinconada del Arroyo de San Francisquito , of about 2,230 acres (9.0 km ) on
3811-578: The Model X SUV in 2015, the Model 3 sedan in 2017, the Model Y crossover in 2020, the Tesla Semi truck in 2022 and the Cybertruck pickup truck in 2023. In June 2021, the Model 3 became the first electric car to sell 1 million units globally. In 2023, the Model Y was the best-selling vehicle, of any kind, globally. In January 2024, the Model Y became the best-selling BEV in history. Tesla
3914-642: The NUMMI plant in Fremont, California from Toyota for $ 42 million. On June 29, 2010, the company went public via an initial public offering (IPO) on the NASDAQ , the first American car company to do so since the Ford Motor Company had its IPO in 1956. The company issued 13.3 million shares of common stock at a price of $ 17 per share, raising $ 226 million. In October 2010, Tesla opened
4017-620: The San Francisquito Creek watershed, ultimately camping from November 6–11, 1769, by a tall redwood later to be known as El Palo Alto . In 1777, Father Junipero Serra established the Mission Santa Clara de Asis , whose northern boundary was San Francisquito Creek and whose lands included modern Palo Alto. The area was under the control of the viceroy of Mexico and ultimately under the control of Spain. On November 29, 1777, Pueblo de San Jose de Guadalupe (now
4120-431: The Santa Cruz Mountains to the west, there is a " rain shadow " in Palo Alto, resulting in an average annual rainfall of only 15.12 inches (384 mm). Measurable rainfall occurs on an average of 55.8 days annually. The wettest year on record was 1983 with 32.51 inches (826 mm) and the driest year was 2013 with 3.81 inches (97 mm). The most rainfall in one month was 12.43 inches (316 mm) in February 1998 and
4223-576: The Tesla Factory to start production of the Model S. In January 2012, Tesla ceased production of the Roadster, and in June 2012, the company launched its second car, the Model S luxury sedan. The Model S won several automotive awards during 2012 and 2013, including the 2013 Motor Trend Car of the Year , and became the first electric car to top the monthly sales ranking of a country, when it topped
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4326-507: The United States Census Bureau , the city has a total area of 25.8 square miles (67 km ), of which 23.9 square miles (62 km ) is land and 1.9 square miles (4.9 km ), comprising 7.38%, is water. The official elevation is 30 feet (9 m) above sea level, but the city boundaries reach well into the northern section of the Santa Cruz Mountains . Palo Alto is crossed by several creeks that flow north in
4429-621: The first-generation Tesla Roadster , is no longer sold. Tesla has plans for a second-generation Roadster , the Cybercab, and the Robovan. Here is a list of Tesla models: The Model S is a full-size luxury car with a liftback body style and a dual motor, all-wheel drive layout. Development of the Model S began before 2007 and deliveries started in June 2012. The Model S has seen two major design refreshes, first in April 2016, which introduced
4532-493: The 1950s. Large amounts of land west of Foothill Expressway were annexed between 1959 and 1968; this is mostly undeveloped and includes Foothills Park and Arastradero Preserve . The last major annexations were of Barron Park in 1975 and, in 1979, a large area of marshlands bordering the bay. Many of Stanford University's first faculty members settled in the Professorville neighborhood of Palo Alto. Professorville, now
4635-501: The Bayside Canning Company became one of the largest in the world. In 1949 the Palo Alto cannery, now part of the Sutter Packing Company under the ownership of Safeway , closed; at the time it was the largest employer in Palo Alto with about a 1,000 workers. Various businesses used the building since including Fry's Electronics . Palo Alto is also home to a long-standing baseball tradition. The Palo Alto Oaks are
4738-583: The Mackay Companies, when International Telephone and Telegraph (ITT) purchased the Mackay Companies in 1928 Federal remained a component of the Mackay structure as a manufacturing entity. In 1931, Dr. Ernest O. Lawrence , inventor of the cyclotron , convinced Federal Telegraph to donate an 80-ton magnet they had developed for a canceled project in China to his first cyclotron project on the campus of
4841-741: The Model 3. In the first quarter of 2023, the Model Y outsold the Toyota Corolla to become the world's best-selling car, the first electric vehicle to claim the title. The Tesla Semi is a Class 8 semi-truck by Tesla, Inc. with a tri-motor, rear-wheel drive layout. Tesla claims that the Semi has approximately three times the power of a typical diesel semi truck, and a range of 500 miles (800 km). Two prototype trucks were first shown in November 2017 and initial deliveries were made to PepsiCo on December 1, 2022. Tesla stated in April 2024 that it plans full production in late 2025. The Cybertruck
4944-585: The Norwegian new car sales list in September 2013. The Model S was also the best-selling plug-in electric car worldwide for the years 2015 and 2016. On July 15, 2013, Tesla became a NASDAQ-100 company. Tesla announced the Tesla Autopilot , a driver-assistance system, in 2014. In September that year, all Tesla cars started shipping with sensors and software to support the feature, with what would later be called "hardware version 1". Tesla entered
5047-592: The Palo Alto area. The area of modern Palo Alto was first recorded by the 1769 party of Gaspar de Portolá , a 64-man, 200-horse expedition setting out from San Diego to find Monterey Bay . The group trekked past the bay without recognizing it and continued north. When they reached modern-day Pacifica , they ascended Sweeney Ridge and saw the San Francisco Bay on November 2. Portolá descended from Sweeney Ridge southeast down San Andreas Creek to Laguna Creek (now Crystal Springs Reservoir ), thence to
5150-489: The Palo Alto community. Palo Alto lies in the southeastern section of the San Francisco Peninsula . It consists of two large parcels of land connected by a narrow corridor. The southern inland section, located south of Interstate 280 , is hilly, rural, and lightly populated and is the site of Pearson–Arastradero Preserve and Foothills Park both part of the Palo Alto park system and also large parts of
5253-651: The South Peninsula region of the San Francisco Bay Area, Palo Alto has a Mediterranean climate with mild, moderately wet winters and warm, dry summers. Typically, in the warmer months, as the sun goes down, the fog bank flows over the foothills to the west and covers the night sky, thus creating a blanket that helps trap the summer warmth absorbed during the day. Even so, it is rare for the overnight low temperature to exceed 60 °F (16 °C). In January, average daily temperatures range from
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#17327732468285356-777: The University of California Berkeley. Lawrence's invention of the cyclotron was the basis of his being awarded the Nobel Prize in 1939. In 1940, Sosthenes Behn moved Federal Telegraph under ITT directly so that its manufacturing capabilities could help ITT replace those in Europe that had been shut down because of the war and the Fall of France. In 1954, FTR changed its name from Federal Telegraph and Radio Corporation - an IT&T associate to Federal Telegraph and Radio Company - division of IT&T , and its research division became
5459-437: The age of 18 living in them, 13,975 (52.7%) were opposite-sex married couples living together, 1,843 (7.0%) had a female householder with no husband present, 659 (2.5%) had a male householder with no wife present. There were 979 (3.7%) unmarried opposite-sex partnerships , and 188 (0.7%) same-sex married couples or partnerships . 7,982 households (30.1%) were made up of individuals, and 3,285 (12.4%) had someone living alone who
5562-530: The announcement event. Production is planned to commence sometime before 2027. The Tesla Robovan is an electric autonomous van planned for future development by Tesla. Announced in October 2024, the vehicle is being designed to carry up to 20 passengers. The original Tesla Roadster was a two-seater sports car, evolved from the Lotus Elise chassis. It was produced from 2008 to 2012. The Roadster
5665-515: The chairman of the board of directors and the largest shareholder of Tesla. J. B. Straubel joined Tesla in May 2004 as chief technical officer . A lawsuit settlement agreed to by Eberhard and Tesla in September 2009 allows all five – Eberhard, Tarpenning, Wright, Musk, and Straubel – to call themselves co-founders. Elon Musk took an active role within the company, but was not deeply involved in day-to-day business operations. The company's strategy
5768-561: The city council has seven members. The mayor and vice-mayor serve one year at a time, with terms ending in January. General municipal elections are held in November of even-numbered years. Council terms are four years long. According to one study in 2015, the city's effective property tax rate of 0.42% was the lowest of the California cities included in the study. In the California State Legislature , Palo Alto
5871-408: The city of San Jose a few miles to the south of what was to be Palo Alto) was established by order of the viceroy despite the displeasure of the local mission. The Mexican War of Independence ending in 1821 led to Mexico becoming an independent country, though San Jose did not recognize rule by the new Mexico until May 10, 1825. Mexico proceeded to sell off or grant much of the mission land. During
5974-647: The community that started nearby. On September 23, 1856, the Crosby land was transferred to Sarah Wallis to satisfy a debt he owed her. In 1880, Secundino Robles, father to twenty-nine children, still lived just south of Palo Alto, near the location of the present-day San Antonio Shopping Center in Mountain View. Many of the Spanish names in the Palo Alto area represent the local heritage, descriptive terms, and former residents. Pena Court, Miranda Avenue, which
6077-668: The company announced it was laying off 10% of its employees. In June, the company moved its incorporation from Delaware to Texas. In October, the company unveiled a concept version of two autonomous vehicles—the Cybercab and Robovan —and detailed that both would be an integral part of a Tesla ridehailing service called the Tesla Network , a future service they had previously teased in 2019. As of November 2024 , Tesla offers six vehicle models: Model S, Model X, Model 3, Model Y, Semi, and Cybertruck. Tesla's first vehicle,
6180-469: The company's driving assist technology and product release timelines. The company was incorporated as Tesla Motors, Inc. on July 1, 2003, by Martin Eberhard and Marc Tarpenning . They served as chief executive officer and chief financial officer , respectively. Eberhard said that he wanted to build "a car manufacturer that is also a technology company", with its core technologies as "the battery,
6283-557: The company. In June 2009, Tesla was approved to receive $ 465 million in interest-bearing loans from the United States Department of Energy . The funding, part of the $ 8 billion Advanced Technology Vehicles Manufacturing Loan Program , supported the engineering and production of the Model S sedan, as well as the development of commercial powertrain technology. Tesla repaid the loan in May 2013, with $ 12 million in interest. In May 2010, Tesla purchased
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#17327732468286386-486: The computer software, and the proprietary motor". Ian Wright was Tesla's third employee, joined a few months later. In February 2004, the company raised US$ 7.5 million (equivalent to $ 12 million in 2023) in series A funding , including $ 6.5 million (equivalent to $ 10 million in 2023) from Elon Musk, who had received $ 100 million from the sale of his interest in PayPal two years earlier. Musk became
6489-652: The devices and set pricing. When the network first launched in 2014, Tesla provided free charging equipment and covered installation costs. One of the largest providers is hotel chain Hilton Worldwide which in 2023 announced an agreement with Tesla to install 20,000 chargers across 2,000 of its properties in North America by 2025. Tesla has offered its own vehicle insurance in the United States since 2017 and has been acting as an independent insurance producer since 2021 as Tesla Insurance Services, Inc. It
6592-577: The direction of the San Francisco Bay, Adobe Creek near its eastern boundary, San Francisquito Creek on its western boundary, and Matadero Creek in between the other two. Arastradero Creek is a tributary to Matadero Creek, and Barron Creek is now diverted to Adobe Creek just south of Highway 101 by a diversion channel. The San Francisquito Creek mainstem is formed by the confluence of Corte Madera Creek and Bear Creek not far below Searsville Dam . Further downstream, Los Trancos Creek
6695-479: The dispute with county officials, on December 1, 2021, Tesla moved its legal headquarters to Gigafactory Texas. However, Tesla continued to use its former headquarters building in Palo Alto, and over the next two years significantly expanded its footprint in California. The company opened its Megafactory to build Megapack batteries in Lathrop, California in 2022, and announced in February 2023 that it would establish
6798-423: The energy storage market, unveiling its Tesla Powerwall (home) and Tesla Powerpack (business) battery packs in April 2015. The company received orders valued at $ 800 million within a week of the unveiling. Tesla began shipping its third vehicle, the luxury SUV Tesla Model X , in September 2015, which had 25,000 pre-orders at the time. Tesla entered the solar installation business in November 2016 with
6901-418: The exterior and interior. The Model Y is a mid-size crossover SUV offered in 5- and 7-passenger configurations with a single‐motor, rear-wheel drive or a dual-motor, all-wheel drive layout. The vehicle was designed to be more affordable than the luxury Model X SUV. A prototype Model Y was first shown in March 2019, and deliveries started in March 2020. The Model Y shared around 75 percent of its content with
7004-575: The first vacuum tube amplifier and oscillator , which De Forest called the "Oscillaton" after his earlier Audion . During World War One, the U.S. Navy purchased Federal Telegraph, but after the end of the war a displeased U.S. Congress ordered the Navy to return the company to its original owners. The company merged in August 1927 with the Mackay Companies . Originally a separate entity within
7107-521: The first automobile factory in China fully owned by a foreign company (not a joint venture). The factory's first production vehicle, a Model 3, rolled out in December, less than one year after groundbreaking. Gigafactory Berlin broke ground in February 2020, and its production of the Model Y began in March 2022. Gigafactory Texas broke ground in June 2020, and its production of the Model Y began in April 2022. In March 2023, Tesla announced plans for
7210-604: The founding location of several other tech companies, including Apple , Google , Facebook , Logitech , Tesla , Intuit , IDEO , Pinterest , and PayPal . Ford Motor Company and Lockheed Martin each additionally maintain major research and technology facilities within Palo Alto. Before the arrival of Europeans, the Ohlone lived on the San Francisco peninsula; in particular, the Puichon Ohlone lived in
7313-525: The lower reaches of San Francisquito Creek (i.e., parts of modern Menlo Park and northern Palo Alto) was given to Maria Antonia Mesa in 1841. She and her husband Rafael Soto (who had died in 1839) had settled in 1835 near present-day Newell and Middlefield roads and sold supplies. In 1839, their daughter María Luisa Soto (1817–1883) married John Coppinger, who was to be, in 1841, the grantee of Rancho Cañada de Raymundo (in modern San Mateo county). Upon Coppinger's death in 1847, Maria inherited it and later married
7416-455: The most shorted companies in the stock market. On August 8, 2018, amid the financial issues, Musk posted on social media that he was considering taking Tesla private. The plan did not materialize and gave rise to much controversy and many lawsuits including a securities fraud charge from the SEC , which would force Musk to pay a $ 20 million fine and step down as the company's chairman, although he
7519-528: The most rainfall in one day was 3.75 inches (95 mm) on February 3, 1998. Measurable snowfall is very rare in the populated areas of Palo Alto, but 1.5 inches (3.8 cm) fell on January 21, 1962. A dusting of snow occasionally occurs in the highest (unpopulated) section of Palo Alto near Skyline Ridge, where the elevation reaches up to 2,812 feet (857 m). According to the Köppen Climate Classification system, Palo Alto has
7622-451: The new townsite. This Hopkins Tract, bounded by El Camino Real, San Francisquito Creek, Boyce, Channing, Melville, and Hopkins Avenues, and Embarcadero Road, was proclaimed a local Heritage District during Palo Alto's centennial in 1994. The Stanfords set up their university, Stanford University , and a train stop (on University Avenue) by the new town. This new community was initially called University Park (the name "Palo Alto" at that time
7725-474: The north-east, Mountain View , Los Altos , and Los Altos Hills to the east and south-east and Stanford University to the south-west and west. Several major transit routes cross this parcel from the north-west to the south-east. The biggest and closest to the bay is the Bayshore Freeway and going inland are Alma Street/Central Expressway , El Camino Real , and Foothill Expressway . Interstate 280
7828-510: The population was 68,572. Palo Alto has one of the highest costs of living in the United States, and its residents are among the most educated in the country. However, it has a youth suicide rate four times higher than the national average, often attributed to academic pressure. As one of the principal cities of Silicon Valley , Palo Alto is home to the headquarters of multiple tech companies, including HP , Space Systems/Loral , VMware , and PARC . Palo Alto has also served as headquarters or
7931-404: The population) lived in owner-occupied housing units and 24,644 people (38.3%) lived in rental housing units. As of the census of 2000, there were 58,598 people, 25,216 households, and 14,600 families residing in the city. The population density was 955.8/km (2,476/sq mi). There were 26,048 housing units at an average density of 424.9/km (1,100/sq mi). The racial makeup of the city
8034-530: The production of bitcoin was contributing to the consumption of fossil fuels, against the company's mission of encouraging the transition to sustainable energy. After the announcement, the price of bitcoin dropped around 12%. Tesla CEO Elon Musk later noted that Tesla would resume bitcoin payments if there was confirmation of at least 50% clean energy usage by bitcoin miners. Despite later reaching this milestone, Tesla did not return to accepting bitcoin. By July 2022 Tesla had sold about 75% of its bitcoin holdings at
8137-412: The production of the vehicles. This led to significant delays and production problems, a period which the company described as "production hell." By the end of 2018, the production problems had been overcome, and the Model 3 became the world's best-selling electric car from 2018 to 2021. This period of "production hell" put significant financial pressure on Tesla, and during this time it became one of
8240-492: The purchase of SolarCity , in an all-stock $ 2.6 billion deal. The business was merged with Tesla's existing battery energy storage products division to form the Tesla Energy subsidiary. The deal was controversial because at the time of the acquisition, SolarCity was facing liquidity issues of which Tesla's shareholders were not informed. In February 2017, Tesla Motors changed its name to Tesla, Inc. to better reflect
8343-409: The scope of its expanded business. Tesla unveiled its first mass market vehicle in April 2016, the Model 3 sedan. The Model 3 was less expensive than Tesla's previous three vehicles, and within a week, the company received over 325,000 paid reservations. To speed up production and control costs, Tesla invested heavily in robotics and automation to assemble the Model 3, but the robotics actually slowed
8446-507: The total private financing investment to over $ 105 million. In August 2007, Eberhard was asked by the board, led by Elon Musk, to step down as CEO. Eberhard then took the title of "President of Technology" before ultimately leaving the company in January 2008. Co-founder Marc Tarpenning, who served as the Vice President of Electrical Engineering of the company, also left the company in January 2008. In August 2007, Michael Marks
8549-488: The vehicle should be available for delivery in the first half of 2025. The Tesla Cybercab, also known as the Robotaxi, is an upcoming two-passenger battery-electric self-driving car under development by Tesla. The vehicle will be fully autonomously controlled, and has no steering wheel or pedals. A concept version of the Cybercab was unveiled in October 2024, with 20 prototypes providing short rides to attendees of
8652-840: The way to San Jose started in January 1864. El Camino became Main Street; the northeast–southwest cross streets were named for Civil War heroes, with California Avenue originally being Lincoln Street. The town had its own newspaper by 1869 (the Mayfield Enterprise , in English and Spanish), incorporated in 1903, and had breweries and a cannery. In 1875, French financier Jean Baptiste Paulin Caperon, better known as Peter Coutts, purchased land in Mayfield and four other parcels around three sides of today's College Terrace – more than
8755-544: Was 41,359 (64.2%) White , 17,461 (27.1%) Asian , 1,197 (1.9%) African American , 121 (0.2%) Native American , 142 (0.2%) Pacific Islander , 1,426 (2.2%) from other races , and 2,697 (4.2%) from two or more races. Hispanic or Latino of any race were 3,974 persons (6.2%). The Census reported that 63,820 people (99.1% of the population) lived in households, 205 (0.3%) lived in non-institutionalized group quarters, and 378 (0.6%) were institutionalized. There were 26,493 households, out of which 8,624 (32.6%) had children under
8858-422: Was 41.9 years. For every 100 females, there were 95.7 males. For every 100 females aged 18 and over, there were 93.0 males. There were 28,216 housing units at an average density of 1,094.2 units per square mile (422.5 units/km ), of which 14,766 (55.7%) were owner-occupied, and 11,727 (44.3%) were occupied by renters. The homeowner vacancy rate was 1.5%; the rental vacancy rate was 5.6%. 39,176 people (60.8% of
8961-441: Was 65 years of age or older. The average household size was 2.30 and the average family size was 2.95. In the city, the population was spread out, with 21.2% under the age of 18, 4.9% from 18 to 24, 32.4% from 25 to 44, 25.9% from 45 to 64, and 15.6% who were 65 years of age or older. The median age was 40 years. For every 100 females, there were 95.8 males. For every 100 females aged 18 and over, there were 93.6 males. According to
9064-422: Was 65 years of age or older. The average household size was 2.41. There were 16,477 families (62.2% of all households); the average family size was 3.04. The population was spread out, with 15,079 people (23.4%) under the age of 18, 3,141 people (4.9%) aged 18 to 24, 17,159 people (26.6%) aged 25 to 44, 18,018 people (28.0%) aged 45 to 64, and 11,006 people (17.1%) who were 65 years of age or older. The median age
9167-538: Was 75.76% White , 2.02% Black , 0.21% Native American , 17.22% Asian , 0.14% Pacific Islander , 1.41% from other races , and 3.24% from two or more races. Hispanic or Latino of any race were 4.65% of the population. There were 25,216 households, of which 27.2% had resident children under the age of 18, 48.5% were married couples living together, 7.0% had a female householder with no husband present, and 42.1% were non-families. 32.6% of all households were made up of individuals, and 10.8% had someone living alone who
9270-595: Was added to the S&;P index on December 21, 2020; it was the most valuable company ever added, and was the sixth-largest member of the index immediately after it was added. Tesla introduced its second mass-market vehicle in March 2019, the Model Y mid-size crossover SUV , based on the Model 3. Deliveries started in March 2020. During this period, Tesla invested heavily in expanding its production capacity, opening three new Gigafactories in quick succession. Construction of Gigafactory Shanghai started in January 2019, as
9373-561: Was allowed to remain the CEO. From July 2019 to June 2020, Tesla reported four consecutive profitable quarters for the first time, which made it eligible for inclusion in the S&;P 500 . During 2020, its share price increased 740%, and by December 14, 2020, its market capitalization was more than the next nine largest automakers combined, and it became the sixth most valuable company in the US. Tesla
9476-464: Was attached to what is now College Terrace), but was incorporated in 1894 with the name Palo Alto. With the Stanfords' support, Palo Alto grew to the size of Mayfield. Mayfield eventually passed an ordinance banning saloons that took effect in January 1905. On July 2, 1925, Palo Alto voters approved the annexation of Mayfield and the two communities were officially consolidated on July 6, 1925. As
9579-567: Was bounded on the south by Mariano Castro's Rancho Pastoria de las Borregas grant across San Antonio Road. This later became the Robles Rancho, which constitutes about 80% of Palo Alto and Stanford University today. In 1863, it was whittled down in the courts to 6,981 acres (28.25 km ). Stories say the grand hacienda was built on the former meager adobe of José Peña near Ferne off San Antonio Road, midway between Middlefield and Alma Street. Their hacienda hosted fiestas and bull fights. It
9682-577: Was brought in as interim CEO, and in December 2007, Ze'ev Drori became CEO and president. Musk succeeded Drori as CEO in October 2008. In June 2009, Eberhard filed a lawsuit against Musk for allegedly forcing him out. The case was dismissed in August 2009. Tesla began production of the Roadster in 2008 inside the service bays of a former Chevrolet dealership in Menlo Park. By January 2009, Tesla had raised $ 187 million and delivered 147 cars. Musk had contributed $ 70 million of his money to
9785-464: Was essentially Foothill Expressway , was the married name of Juana Briones and the name occurs in Courts and Avenues and other street names in Palo Alto and Mountain View in the quadrant where she owned vast areas between Stanford University, Grant Road in Mountain View and west of El Camino Real. Yerba Buena was to her credit. Rinconada was the major Mexican land grant name. The township of Mayfield
9888-472: Was formed in 1855, around the site of a stagecoach stop and saloon known as "Uncle Jim's Cabin" near the intersection of El Camino Real and today's California Avenue in what is now southern Palo Alto. In October 1863 the San Francisco to San Jose railroad had been built as far as Mayfield and service started between San Francisco and Mayfield (the station is now California Avenue ); train service all
9991-463: Was founded in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors . Its name is a tribute to inventor and electrical engineer Nikola Tesla . In February 2004, Elon Musk joined as Tesla's largest shareholder; in 2008, he was named chief executive officer . In 2008, the company began production of its first car model, the Roadster sports car, followed by the Model S sedan in 2012,
10094-710: Was introduced after the American Automobile Association (AAA), a major insurance carrier, raised rates for Tesla owners in June 2017 after a report concluded that the automakers vehicles crashed more often and were pricier to repair than comparable vehicles. A study in 2018 based on data from the Insurance Institute for Highway Safety confirmed the findings. The company says that it uniquely understands its vehicles, technology and repair costs, and can eliminate traditional insurance carriers' additional charges. In states where allowed,
10197-513: Was ranked 69th in the Forbes Global 2000 . Tesla has been the subject of lawsuits, government scrutiny, and journalistic criticism , stemming from allegations of multiple cases of whistleblower retaliation, worker rights violations such as sexual harassment and anti-union activities, safety defects leading to dozens of recalls, the lack of a public relations department, and controversial statements from Musk including overpromising on
10300-406: Was ruined in the 1906 earthquake and its lumber was used to build a large barn nearby, which was said to have lingered until the early 1950s. On April 10, 1853, 250 acres (1.0 km ), comprising the present-day Barron Park, Matadero Creek and Stanford Business Park, was sold for $ 2,000 to Elisha Oscar Crosby , who called his new property Mayfield Farm. The name of Mayfield was later attached to
10403-402: Was set at $ 200,000. Initially scheduled to ship in 2020, the vehicle has been repeatedly delayed. In July 2024, Musk said that the Roadster should enter production in 2025. The Tesla next-generation vehicle is an announced battery electric platform. It would become the third platform for the company. Vehicles based on this platform are not expected before 2025. In July 2024, Musk said that
10506-482: Was the first highway-legal serial production electric car to use lithium-ion battery cells, and the first production all-electric car to travel more than 200 miles (320 km) per charge. Tesla cars come with "Standard Connectivity", which provides navigation using a cellular connection. For a fee, Tesla offers a subscription to "Premium Connectivity" which adds live traffic and satellite maps to navigation, internet browsing, and media streaming. Tesla's strategy
10609-580: Was to start with a premium sports car aimed at early adopters and then move into more mainstream vehicles, including sedans and affordable compacts. In February 2006, Musk led Tesla's Series B venture capital funding round of $ 13 million, which added Valor Equity Partners to the funding team. Musk co-led the third, $ 40 million round in May 2006 which saw investment from prominent entrepreneurs including Google co-founders Sergey Brin and Larry Page , and former eBay President Jeff Skoll . A fourth round worth $ 45 million in May 2007 brought
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