Tesla Motors produces electric vehicles and solar panels. It was founded by Martin Eberhard and Marc Tarpenning. In Q3 2016, Tesla reported increasing revenue and production of its new Model 3 and Model S P100D. While producing its first quarterly profit, Tesla faces competition from electric vehicles by BMW, Chevy, and Nissan but predicts continued growth through 2017 with new autonomous driving features and increasing Supercharger infrastructure.