Tesla Motors, Inc., incorporated on July 1, 2003, designs, develops, manufactures and sells electric vehicles and energy storage products. The Company produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle (SUV). The Company has delivered over 107,000 Model S vehicles across the world. In addition to developing its own vehicles, it sells energy storage products. The Company delivers energy storage products products under the Tesla Energy brand. It manufactures its products primarily at its facilities in Fremont, California, Lathrop, California, Tilburg, Netherlands and at its Gigafactory near Reno, Nevada. It is using battery packs manufactured at the Gigafactory for its energy storage products. The Company competes with Audi, BMW, Lexus, Mercedes, Daimler, Nissan, Fiat, Ford, Mitsubishi, Porsche, Volkswagen, Volvo, General Motors, Toyota and Honda. Tesla commands 0.1 % of the entire auto industry.