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Tesla, Inc. (Tesla Motors until February 1, 2017) is a US company founded in July 2003. Since then, Tesla is manufacturing and selling electric vehicles, power storage systems, and solar power systems. According to Tesla’s website, the company’s mission is “to accelerate the world’s transition to sustainable energy.” In addition, the company’s headquarter is located in Palo Alto, Silicon Valley.
After the foundation in 2003, the founders Martin Eberhard and Marc Tarpenning left the company in 2008. Elon Musk became a chairman of the board of directors in spring of 2004. Soon, he became the Tesla’s most influential person.
As of end of 2020, the company has approximately 70,000 employees. In addition, the market capitalization in early May 2021 was approximately 647 billion USD.
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Latest News and Analysis on Tesla, Inc.
Tesla (NASDAQ: TSLA) announced its 2022 Q3 financial results on October 19, 2022. According to the announcement, total revenues, income from operations and net income were up 56%, 84% and 103%, respectively (YoY, 3 months, GAAP). In addition, diluted EPS attributable to common shareholders was up 98% (YoY, 3 months, GAAP). Due to the higherContinue reading “Tesla’s Operating Margin was Up 262 bp in 2022 Q3”
Tesla (NASDAQ: TSLA) announced its 2022 Q2 financial results on July 20, 2022. According to the announcement, total revenues, income from operations, and net income were up 42%, 88% and 98%, respectively (YoY, 3 months). In addition, adjusted EBITDA was up 52% (YoY 3 months). According to the announcement, total GAAP gross margin was 25%Continue reading “Tesla is improving Full Self-Driving System”
Tesla (NASDAQ: TSLA) announced its 2022 Q1 financial results on April 20, 2022. According to the announcement, total revenues were up 81%. In addition, operating income and net income were up 507% and 658%, respectively. Adjusted EBITDA was up 173%. Under the inflationary environment of 2022 Q1, industrial prices have drastically risen. However, Tesla hasContinue reading “Tesla continues their Efforts for reducing Production and Delivery Costs”
Tesla (NASDAQ: TSLA) announced 2021 Q4 financial results on January 26th, 2022. According to the announcement, total revenues, operating income and net income were up 65%, 354% and 760%, respectively (GAAP, 3 months, YoY). Automotive sales recorded 15,967 million USD (3 months), accounted for 87% of total revenues. It was up 71% on year-over-year basis. EPSContinue reading “Tesla’s Efforts to reduce Costs contributed to its improved Business Performance”
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