Tesla Motors changes its name as it looks to diversify business model

Tesla is dropping the 'Motors' part of its name in a bid to simplify its official title and move towards the one-word brand that has slipped into the popular lexion.
The company will be known as Tesla Inc effective today (Wednesday 1 February) according to a filing issued in Washington DC. 
It appears the tech giant is also keen to move away from being known as a smart motor company as it continues to diversity its output.
The Elon Musk-owned firm recently purchased solar company Solar