About the Company
Tesla, Inc. ( TESS-lə or TEZ-lə) is an American multinational automotive and clean energy company headquartered in Austin, Texas, which designs, manufactures and sells electric vehicles, stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services. Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. The company's name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004 Elon Musk joined as the company's largest shareholder and in 2008 he was named CEO. In 2008, the company began production of its first car model, the Roadster sports car, followed by the Model S sedan in 2012, the Model X SUV in 2015, the Model 3 sedan in 2017, the Model Y crossover in 2020, the Tesla Semi truck in 2022 and the Cybertruck pickup truck in 2023. The Model 3 is the all-time bestselling plug-in electric car worldwide, and in June 2021 became the first electric car to sell 1 million units globally. In 2023, the Model Y was the best-selling vehicle, of any kind, globally. Tesla is one of the world's most valuable companies in terms of market capitalization. In October 2021, Tesla's market capitalization temporarily reached US$1 trillion, the sixth company to do so in U.S. history. In 2023, the company led the battery electric vehicle market, with 19.9% share. Also in 2023, the company was ranked 69th in the Forbes Global 2000. As of March 2024, it is the world's most valuable automaker. Tesla has been the subject of lawsuits, government scrutiny, and journalistic criticism, stemming from allegations of whistleblower retaliation, worker rights violations, product defects, and Musk's many controversial statements.
Exchange
Nasdaq
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Latest $TSLA News
Cathie Wood Sees Value In Tesla Wreckage As Ark Buys $13M Worth Of EV Giant's Stock, Loads Up On Bitcoin And Ethereum ETFs
As Tesla, Inc. (NASDAQ:TSLA) fell for a fifth straight session on Thursday, breaching a significant psychologica ...
Tesla: I Was Too Optimistic Before, Not Much To Like Right Now
Tesla, Inc. reports Q1 soon. TSLA stock declines raise concerns along with slower sales growth and declining margins. Click ...
Tesla Inc. stock falls Tuesday, underperforms market
Shares of Tesla Inc. shed 2.71% to $157.11 Tuesday, on what proved to be an all-around mixed trading session for the stock ...
Tesla's Autonomous Driving Efforts Win Praise From Goldman Sachs: Wall Street Firm Projects Long-Term Growth From Robotaxi Services
Goldman Sachs recognizes Tesla's potential for growth in autonomy and ADAS. Delaney notes challenges but sets $175 target, ...
'I Think You Just Don't Like Elon,' Tesla Bull Tells Shortseller Even As She Admits Situation Right Now Is 'Murky'
The short seller is concerned about the lack of an independent board, waning demand for EVs, heightened competition in ...
Tesla’s stock gets downgraded as this ‘potentially painful transition’ looms
Tesla shares could see a “potentially painful transition” in their ownership base as the company doubles down on autonomy, an ...
Tesla tries legal 'Band-Aid' to revive Musk's huge pay deal
Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore Musk's $56 billion pay ...
Tesla Stock Slides as Deutsche Bank Downgrades on 'Thesis-Changing' Robotaxi Pivot
Tesla shares slid to their lowest level in more than a year Tuesday after Deutsche Bank analysts downgraded the stock, citing ...
Tesla Stock: Plunging Toward My Price Target
Tesla stock decline continues as competition increases. TSLA still holds a superior balance sheet to any other auto company.
Tesla's Elon Musk may present a $20-30 billion investment 'roadmap' during India visit: CNBC-Awaaz
Musk will arrive through his private jet on April 21 and stay at The Oberoi in New Delhi, sources told CNBC-Awaaz ...
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