Tesla
| Logo | 
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| Type | Public |
| Industry | Automotive, Renewable energy, Technology |
| Founded | July 1, 2003 |
| Founders | Martin Eberhard, Marc Tarpenning |
| Key people | Elon Musk (CEO), Robyn Denholm (Chair) |
| Headquarters | Austin, Texas, U.S. |
| Products | Model S, Model 3, Model X, Model Y, Cybertruck, Tesla Semi, Powerwall, Solar Roof, Robotaxi, Cybercab |
| Revenue | $97.7 billion (2024) |
| Employees | ~125,665 (2024) |
| Website | [tesla.com] |
Tesla, Inc. is an American multinational corporation that designs, manufactures, and sells electric vehicles (EVs), battery energy storage systems, solar products, and autonomous driving technology. Founded in 2003 and headquartered in Austin, Texas, the company has become a global leader in sustainable energy solutions.
History and Development
Tesla was founded by Martin Eberhard and Marc Tarpenning, with Elon Musk joining shortly after as the lead investor and later becoming CEO in 2008. The company gained early attention with the launch of the Tesla Roadster in 2008. Since then, Tesla has developed a wide range of vehicles including the Model S, Model X, Model 3, and Model Y.
Major Products
- Electric Vehicles: Tesla produces high-performance electric cars such as the Model S (luxury sedan), Model 3 (compact sedan), Model X (SUV), and Model Y (crossover). The company also launched the Cybertruck, Tesla Semi, and plans to roll out a Robotaxi service.
- Energy Solutions: Tesla Energy manufactures and sells products like the Powerwall (home battery), Powerpack, Megapack (grid-scale storage), and Solar Roof, all designed to accelerate global transition to clean energy.
- Software & Autonomy: Tesla is known for its proprietary Autopilot and Full Self-Driving (FSD) software, which enables semi-autonomous driving features and is regularly updated via over-the-air (OTA) updates.
Gigafactories and Global Operations
Tesla operates multiple gigafactories worldwide:
- Gigafactory Nevada: Batteries and powertrains
- Gigafactory Shanghai: Model 3 and Y for Asia and Europe
- Gigafactory Berlin: Vehicles and battery production in Europe
- Gigafactory Texas: Cybertruck and Model Y assembly, also Tesla HQ
- Gigafactory Mexico (under development)
Tesla’s global footprint includes thousands of Supercharger stations and retail/service centers across North America, Europe, and Asia.
Financial Performance
In 2024, Tesla generated approximately $97.7 billion in total revenue, selling nearly 1.77 million vehicles worldwide. The company’s profitability and valuation are largely driven by its innovation in software, battery technology, and autonomous systems.
As of mid-2025, Tesla’s market capitalization remains around $1.06 trillion, placing it among the most valuable companies in the world.
Future Innovations
Tesla is actively developing new products including:
- Cybercab: A fully autonomous vehicle designed for Robotaxi services
- Robotaxi Network: A shared autonomous ride-hailing platform
- Dojo Supercomputer: Designed to train AI for autonomous driving
- Expansion into robotics through Tesla Bot (Optimus)
Challenges and Controversies
Tesla has faced criticism over workplace culture, Autopilot safety concerns, production delays, and public communications by its CEO Elon Musk. Regulatory scrutiny and rising EV competition, especially from China, have tested Tesla’s resilience in global markets.
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