Company

Tesla

Official Name: Tesla, Inc.

Headquarters: Palo Alto, CA, United States

Founded: July 1, 2003

Employees: 99,290

CEO: Mr. Elon R. Musk

NASDAQ: TSLA +1.50%

Market Cap

$758.09 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

Tesla, Inc. is an electric vehicle and clean energy company. It produces electric cars, including sedans, sports cars and pick-up trucks, and electric powertrain components and systems, and related services, as well as energy generation and storage systems including batteries, solar roof tiles, and solar panels through its subsidiary SolarCity.

Tesla market capitalization over time

Evolution of Tesla, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Tesla, Inc.

Detailed Description

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.

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Product & Services

Electric vehicles, Tesla batteries, Solar panels and roofs

Key People

Founder(s): See § Founding

Robyn Denholm (Chair) Elon Musk (CEO) Zach Kirkhorn (CFO) Drew Baglino (CTO)

Financials

Revenue: US$53.8 billion (2021)

Operating income: US$6.52 billion (2021)

Net income: US$5.52 billion (2021)


Total assets: US$62.1 billion (2021)

Total equity: US$30.2 billion (2021)

Details

Headquarters:

3500 Deer Creek Road

Palo Alto, CA 94304

United States

Phone: 650-681-5000