Elon Musk’s Tesla Drops ‘Motors’ From Name – WSJ (Feb 1, 2017)
Corporate name changes are always interesting, especially when they’re mostly about cutting things from the name – Apple dropped the Computer from its name ten years ago the same month as it announced the iPhone, and Snapchat changed its name to Snapchat to coincide with its announcement of Spectacles. In both those cases and Tesla’s, the name change reflects a broadening of the company’s scope – Apple had added the iPod and was adding the iPhone, and perhaps already recognized that traditional computers wouldn’t provide the majority of revenue ever again, Snap was expanding beyond just its previously eponymous app, and Tesla is expanding into both solar power and home energy storage. It’s an entirely symbolic change, but also sets Tesla further apart as a carmaker in the breadth of its ambitions. I can’t see GM changing its name for the same reason anytime soon, but Tesla’s identity is always been more about innovation and change than simply making cars.
via WSJ
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