Tesla, Inc.

This article is about the car and energy company. For other
uses, see Tesla.

"Tesla Motors" redirects here. For Nikola Tesla's motors, see

induction motor and AC motor.

Tesla, Inc. (formerly Tesla Motors, Inc.), is an

American automotive and energy company based in
Palo Alto, California.[7] The company specializes in
electric car manufacturing and, through its SolarCity
subsidiary, solar panel manufacturing.[8] It operates
multiple production and assembly plants, such as
Gigafactory 1[9] near Reno, Nevada, and its main
vehicle manufacturing facility at Tesla Factory[10] in
Fremont, California. As of March 2019, Tesla sells
Model S,[11] Model X,[12] and Model 3 cars.[13] It is
accepting reservations for the Model Y,[14] Roadster
(2020),[15], Cybertruck,[16] and Semi[17] vehicles.
Tesla also sells Powerwall,[18] Powerpack,[19] and
Megapack[20] batteries, solar panels,[21] solar roof
tiles,[22] and some related products.

Tesla, Inc.

Tesla's headquarters in Palo Alto

Formerly Tesla Motors, Inc. (2003–

2017)

Type Public

Traded as NASDAQ: TSLA

NASDAQ-100 component

Russell 1000 component

ISIN US88160R1014

Industry Automotive

Energy storage

Founded July 1, 2003; 16 years

ago[1]

Founders Martin Eberhard

Marc Tarpenning

Elon Musk[a]

J. B. Straubel[a]

Ian Wright[a]

Headquarters Palo Alto, California, U.S.

Area served Worldwide

Key people Robyn Denholm

(Chairman)

Elon Musk (CEO)

Drew Baglino (CTO)

Zach Kirkhorn (CFO)

Products Electric vehicles

Tesla Energy

Production output 245,162

vehicles (2018)

Revenue
US$21.461 billion (2018)

Operating income
US$-0.388 billion (2018)

Net income
US$−0.976 billion (2018)

Total assets
US$29.740 billion (2018)

Total equity US$4.923 billion (2018)

Owner Elon Musk (21.7%)[3]

Number of employees 45,000[4] (2018)

Subsidiaries SolarCity

Tesla Grohmann
Automation

Maxwell Technologies

Website Tesla.com

Footnotes / references
[5][6]

Tesla's financial performance

Tesla's paid-in capital makes up the

accumulated deficit to maintain its
operation

Tesla was founded in July 2003, by engineers Martin

Eberhard and Marc Tarpenning, under the name
Tesla Motors. The company's name is a tribute to
engineer Nikola Tesla. In early Series A funding,
Tesla Motors was joined by Elon Musk, J. B. Straubel
and Ian Wright, all of whom are retroactively allowed
to call themselves co-founders of the company.
Musk, who formerly served as chairman and is the
current chief executive officer, said that he
envisioned Tesla Motors as a technology company
and independent automaker, aimed at eventually
offering electric cars at prices affordable to the
average consumer. Tesla Motors shortened its name
to Tesla in February 2017.

After 10 years in the market, Tesla ranked as the

world's best selling plug-in passenger car
manufacturer in 2018, both as a brand and by
automotive group, with 245,240 units delivered and
a market share of 12% of the plug-in segment
sales.[23][24][25] Tesla vehicle sales in the U.S.
increased by 280% from 48,000 in 2017 to 182,400
in 2018,[26] and globally were up by 138% from
2017.[27] However, Tesla has never had a profitable
year.[28]

History

Strategy

Sales

Technology

Vehicle models

Battery products

Charging

Facilities

Partners

Lawsuits and controversies

Product issues

Lobbying activity

Board of directors

Acquisitions

Philanthropy

See also

References

Further reading

External links

Last edited 18 hours ago by Aperture Wiki

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