Elon Musk Finally Owns The Rights To Tesla.com; Is A Company Name Change Coming Soon?

According to a report by

,

's CEO Elon Musk was asked during the unveiling of Tesla Energy if he ever plans on changing his company's name from "Tesla Motors" to simply "Tesla." Musk responded that he may not be able to change the company's name to "Tesla" -- which would accurately reflect the range of products it sells outside of cars -- due to domain issues. The report added that Stu Grossman, a computer network engineer and admirer of Nikola Tesla, has been the owner of the Tesla.com domain since 1992. That is, until now. A Tesla spokesperson confirmed with Bloomberg that the company is now the rightful and legal owner of Tesla.com. However, the company declined to comment if Tesla paid for the domain, and if so how much. What is known is that a hurdle that once prevented Musk from changing his company's name has since been removed. Shares of Tesla were trading higher by more than 2 percent early Monday morning.