Memory: enables a computer to store, at least temporarily, data and programs. Mass storage device: allows a computer to permanently retain large amounts of data. Common mass storage devices include solid state drives (SSDs) or disk drives and tape drives.
Tesla Motors was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning who financed the company until the Series A round of funding. Musk led the Series A round of investment in February 2004, joining Tesla's board of directors as its chairman as well as in operational roles.
Tesla has inched ahead of General Motors to become the most valuable car company in America. The electric-car maker hit a market value of $50.84 billion on Monday, edging past GM () at $50.79 billion. It's another milestone for Tesla (), which passed Ford (), valued at about $45 billion, last week. And Tesla is inching closer to Japan's Honda (), which has a market value of about $54 billion. Toyota, the most valuable car company in the world, is three times as big.