Tesla, Inc., established in 2003, is a leading innovator in the electric vehicle (EV) industry, headquartered in Palo Alto, California. The company designs, manufactures, and sells a range of electric vehicles, including luxury and midsize sedans, crossover SUVs, a light truck, and a semi-truck. Tesla's mission is to accelerate the world's transition to sustainable energy, offering an expanding lineup of increasingly affordable electric cars. The company operates through two segments: Automotive, which focuses on EV production, powertrain components, and services, and Energy Generation and Storage, which provides rechargeable battery systems, solar energy generation, and energy storage products for residential, commercial, and utility-scale applications. Tesla markets its products through company-owned stores, galleries, and its official website, and supports them with a network of service centers and mobile technicians. Additionally, Tesla operates a fast-charging network for EV owners.
Wiferion GmbH, based in Freiburg, Germany, specializes in wireless charging and energy storage systems tailored for mobile robots, automated guided vehicles (AGVs), and electric forklifts. Founded in 2015, the company, formerly known as Blue Inductive GmbH, leverages inductive charging technology to provide efficient energy solutions that enhance the operational efficiency of industrial vehicles. Wiferion’s product offerings include a wallbox, charging pad, receiver coil, mobile charging unit, and energy storage system, all designed to optimize fleet utilization while reducing machine downtime and maintenance costs. The award-winning etaLINK series exemplifies the company's commitment to innovation, having won accolades such as the IFOY Award. Wiferion's technology has been adopted by notable players in logistics, industrial, and automotive sectors, with over 3000 etaLINK systems sold across more than 20 countries, positioning the company as a leading provider of mobile wireless power supply solutions for electric industrial vehicles.
Coredax
Venture Round in 2022
Coredax is a trading platform for cryptocurrency that offers investment stock management services.
Springpower International
Acquisition in 2021
Springpower is a manufacturing company that specializes in producing clean cathode materials for battery manufacturers. The company focuses on developing and commercializing graphene and silicon nanomaterials specifically designed for lithium-ion batteries. These materials are engineered to require less water and energy during production, while also generating no wastewater, thereby eliminating the need for costly wastewater treatment processes. By providing these innovative and environmentally friendly materials, Springpower supports battery manufacturers in accelerating the development of electric vehicles, contributing to a more sustainable and cost-effective future in energy storage technologies.
ATW Automation
Acquisition in 2020
ATW Automation is a supplier assembling battery modules and packs for the auto industry.
Hibar Systems
Acquisition in 2019
Hibar Systems is an Ontario-based company that specializes in battery manufacturing. The company started as a small cell battery through a mechanized pump injection system. Hibar Systems was founded by German-Canadian engineer Heinz Barall and is headquartered in Richmond Hill, Ontario, Canada.
DeepScale
Acquisition in 2019
DeepScale, Inc. is a technology company specializing in perceptual system software for semi-autonomous and autonomous vehicles. Founded in 2015 and headquartered in Mountain View, California, the company focuses on enabling automakers to utilize low-wattage processors for improved perception capabilities. DeepScale's technology incorporates artificial intelligence and deep learning algorithms to create advanced driver-assistance systems. The company develops a visual perception platform that utilizes training data and innovative deep neural network architectures to enhance vehicle awareness of their surroundings in real time. In 2019, DeepScale became a subsidiary of Tesla, further integrating its advanced perception technologies into the evolving landscape of autonomous driving.
Maxwell Technologies
Acquisition in 2019
Maxwell Technologies specializes in the development, manufacturing, and marketing of energy storage and power delivery solutions. Its products cater to various sectors, including automotive, heavy transportation, renewable energy, backup power, wireless communications, and industrial and consumer electronics. The company is known for producing ultra-high-voltage capacitors, as well as truck and generator starting capacitors, which are designed to deliver cost-effective, energy-efficient, and environmentally friendly performance. Maxwell Technologies aims to ensure failure-free operation throughout the lifespan of its products, even in the most demanding applications, and also develops radiation-hardened microelectronic components and systems for satellites and spacecraft.
Zola Electric
Series D in 2018
ZOLA Electric is a provider of off-grid solar solutions tailored for African markets, specifically operating in Tanzania, Rwanda, Ghana, and Côte d'Ivoire. Established in 2012 and headquartered in Arusha, Tanzania, with an additional office in San Francisco, the company offers solar home kits to individual households through a leasing or sales model. Utilizing the latest solar, battery, and power electronics technology, ZOLA Electric's systems are designed to meet varying energy needs and income levels, allowing customers to make payments via PAYGo micro-financing and mobile money. The company's innovative approach has enabled it to power over 180,000 homes and businesses in rural and urban areas. ZOLA Electric, previously known as Off-Grid Electric Tanzania Limited until its name change in 2018, has received multiple awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and has garnered investment from prominent firms such as Tesla and Total.
Perbix
Acquisition in 2017
Perbix is a manufacturer specializing in highly automated factory equipment, with a focus on enhancing the efficiency of manufacturing processes. Established in 1976, the company has evolved from a build-to-print shop into a prominent provider of comprehensive manufacturing and engineering services. Perbix offers a range of solutions, including the design and fabrication of automation systems, custom machining of components, and contract manufacturing services. The company's equipment and systems are aimed at supporting industries in their transition to sustainable energy, emphasizing both innovation and reliability in automation technology.
Grohmann Engineering
Acquisition in 2016
Grohmann Engineering GmbH specializes in the development, supply, and servicing of automated and assembly systems for various industries, including automotive, pharmaceutical, medical, and semiconductor sectors. Founded in 1963 and based in Prüm, Germany, the company offers a wide range of products such as assembly systems, placement machines, laser systems, and automated fiber-end finishing systems. Additionally, Grohmann Engineering serves other sectors like telecommunications, consumer electronics, and biotechnology. The company has established service and support centers across various regions, including North America, Asia, Europe, and Australia, to facilitate its global operations. In 2017, Grohmann Engineering became a subsidiary of Tesla, Inc., positioning itself as Tesla’s Advanced Automation facility to enhance manufacturing processes.
SolarCity
Acquisition in 2016
SolarCity is a solar energy system provider based in San Mateo, California, dedicated to delivering reliable clean energy solutions for homes and businesses. The company specializes in the development and sale of solar panels and solar roof tiles, offering comprehensive services that include system design, financing, and installation. In 2016, SolarCity was acquired by Tesla, which subsequently transformed its business model by moving operations to a fully online platform and integrating its offerings with Tesla's electric vehicles and battery systems. This strategic shift has enabled SolarCity to enhance its presence in the renewable energy sector, reaching a broader customer base and promoting sustainable energy usage.
Riviera Tool
Acquisition in 2015
Riviera Tool is a prominent manufacturer specializing in large-scale stamping die systems designed for forming sheet metal parts. The company's products are primarily utilized in the automotive industry, where they play a crucial role in the production of various automobile and truck body components, including roofs, hoods, fenders, doors, door frames, structural elements, and bumpers. Riviera Tool serves a diverse clientele that includes major automobile manufacturers, providing them with the necessary tools to efficiently produce essential vehicle parts.
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