The electric guitar was invented in the late 1920s by Lloyd Loar, but it was not until the 1930s that it began gaining popularity. Rickenbacker and Beauchamp perfected Loar's design and began selling electric guitars commercially. In the 1950s, Leo Fender invented the solid body Telecaster guitar, making electric guitars more affordable and popular. Gibson soon introduced Les Paul's signature model. Since then, electric guitar technology has advanced with different shapes being introduced, as well as onboard preamplifiers, though the basic design has remained unchanged. Amplifiers were also crucial to the development of the electric guitar, evolving from modified stereo equipment to dedicated guitar amplifiers and modeling amps.