TeslaCoin which goes by ticker symbol TES was launched in an effort to achieve what Tesla envisioned many decades ago. The plan was to launch a fully solar powered and free mining pool. By doing this, the company would reduce carbon emissions by a huge margin. TES is a cryptocurrency which pushes for the decentralization and sustainable world which supports free energy. It is also aimed to help decentralize renewable energy projects. Founded in 2014, this peer-to-peer altcoin is based on blockchain technology just like major cryptos such as Bitcoin Cash.