Electric

General Electric Corporate Office

Thomas Edison had many business interests and several electricity-related companies before 1889. In 1889 Drexel, Morgan & Co, a company formed by J.P. Morgan and Anthony Drexel, helped to merge those companies into Edison General Electric Company.

At the same time, Thomson-Houston Electric Company was growing and acquiring assets.

General Electric (GE) was formed by the merger of Edison General Electric Company and Thomson-Houston Electric Company.

In 1896 GE was one of the original 12 companies listed on the newly formed Dow Jones Industrial Average. Today it is one of the only original companies still listed, though it has not been listed continuously.

Today GE operates through five business segments: Energy, Capital Finance, Technology and Infrastructure, Transportation, and Consumer & Industrial.

GE is the sixth-largest company in the United States by gross revenue and the 14th most profitable. GE has 305,000 employees and had $147.359 billion in revenue in 2012.

General Electric

At the same time, Thomson-Houston Electric Company was growing and acquiring assets.

General Electric (GE) was formed by the merger of Edison General Electric Company and Thomson-Houston Electric Company.

History

Today GE operates through five business segments: Energy, Capital Finance, Technology and Infrastructure, Transportation, and Consumer & Industrial.

GE is the sixth-largest company in the United States by gross revenue and the 14th most profitable. GE has 305,000 employees and had $147.359 billion in revenue in 2012.

Tesla Motors Corporate Office

Tesla Motors was founded in 2003 by Martin Eberhard and Marc Tarpenning.

In 2004, Elon Musk led a round of Series A funding for the company and became Chairman of the Board. Musk took an active role in the design and development of the Tesla Roadster.

Musk also led 2 additional rounds of funding in 2006 and 2007. He eventually had put $70 million of this own money into the company.

In 2008, Musk succeeded Ze’ev Drori as CEO. Production of the Roadster began.

In 2010, the company went public.

In 2012, the company began to produce and deliver the Tesla Model S after receiving nearly 7000 preorders. The Model X is also introduced with production planned to begin in 2014.

Today, Tesla produces 100% electric vehicles.

In September 2020, the CEO of Tesla, Elon Musk, announced that he would produce a $25,000 Model S before the end of 2023.

Also in September, a video shows what appears to be a Tesla 3 autopilot car running over a dummy pedestrian. The company has been criticized for the problems its braking software appears to contain.

Tesla maintains a corporate office in Palo Alto, California.

Tesla Motors

Tesla Motors was founded in 2003 by Martin Eberhard and Marc Tarpenning.

In 2004, Elon Musk led a round of Series A funding for the company and became Chairman of the Board. Musk took an active role in the design and development of the Tesla Roadster.

History

Musk also led 2 additional rounds of funding in 2006 and 2007. He eventually had put $70 million of this own money into the company.

In 2008, Musk succeeded Ze’ev Drori as CEO. Production of the Roadster began.

In 2010, the company went public.

In 2012, the company began to produce and deliver the Tesla Model S after receiving nearly 7000 preorders. The Model X is also introduced with production planned to begin in 2014.

Today, Tesla produces 100% electric vehicles.

In September 2020, the CEO of Tesla, Elon Musk, announced that he would produce a $25,000 Model S before the end of 2023.

Also in September, a video shows what appears to be a Tesla 3 autopilot car running over a dummy pedestrian. The company has been criticized for the problems its braking software appears to contain.

Tesla maintains a corporate office in Palo Alto, California.

AEP Corporate Office

AEP began in 1906 as the American Gas and Electric Company.

In 1917, the company opened the Windsor “super” power plant in Wheeling, WV.

In 1922, the company expanded into Michigan with the acquisition of Indiana and Michigan Electric Company. There were many more such acquisitions in the 1920’s, including American Electric Power Company and the Appalachian Power Company.

In 1958, the company name was changed to American Electric Power.

In 1980, the company headquarters was moved from New York City to Columbus, Ohio where it remains today.

In 1997, the company merged with the Central and South West Corporation.

In 2013, the company had annual revenue of $15.357 billion and employs more than 18,000 persons.

Today, AEP delivers electricity to more than 5 million customers in 11 states. They also operate the largest electricity transmission network in the US at over 39,000 miles.

AEP

AEP began in 1906 as the American Gas and Electric Company.

History

In 1917, the company opened the Windsor “super” power plant in Wheeling, WV.

In 1958, the company name was changed to American Electric Power.

In 1980, the company headquarters was moved from New York City to Columbus, Ohio where it remains today.

In 1997, the company merged with the Central and South West Corporation.

In 2013, the company had annual revenue of $15.357 billion and employs more than 18,000 persons.

Today, AEP delivers electricity to more than 5 million customers in 11 states. They also operate the largest electricity transmission network in the US at over 39,000 miles.