Tesla
Tesla Inc. · TSLA
Tesla (Nasdaq: TSLA) is a US maker of electric vehicles and battery energy storage systems, with most of its revenue coming from car sales and related services.
Company snapshot
- Listing
- Nasdaq: TSLA
- Founded
- 2003
- Headquarters
- Austin, Texas, US
- Industry
- Electric vehicles and energy storage
- Website
- www.tesla.com
What the company does
Tesla was incorporated in 2003 and is headquartered in Austin, Texas; in 2024 it also moved its legal domicile from Delaware to Texas. It builds the Model 3, Y, S and X and the Cybertruck, and sells Powerwall home batteries, Megapack utility-scale storage and solar products. It is also developing Full Self-Driving software, robotaxis and humanoid robots.
How it makes money
Tesla reports two segments: automotive and energy generation and storage. In its 10-K for fiscal 2025, the automotive segment, which includes vehicle sales and leasing, regulatory credits and services such as repairs and charging, made up about 87% of revenue, with energy at about 13%. That year automotive sales fell from the prior year while energy revenue rose 27%. Regulatory credits sold to other carmakers add to profit.
Why markets watch it
Tesla's quarterly deliveries serve as a gauge of EV demand in the US, China and Europe. The business is sensitive to EV subsidies, tariffs and interest rates, and oil prices often come up in debates about EV demand. Because the share price leans heavily on expectations for self-driving and robotics rather than current earnings, its P/E is high and the stock tends to swing sharply around earnings.