Tesla, Inc.

Formerly	Tesla Motors, Inc. (2003–February 2017)
Type	Public
Traded as	Nasdaq: TSLA Nasdaq-100 component S&P 100 component S&P 500 component
ISIN	US88160R1014
Industry	Automotive Renewable energy
Founded	July 1, 2003; 18 years ago in San Carlos, California, U.S.
Founders	See § Founding
Headquarters	13101 Tesla Road,  Austin, Texas ,  United States
Number of locations	655 retail stores/galleries and service centers (2021)
Area served	North America Europe Oceania East Asia West Asia
Key people	Robyn Denholm (Chair) Elon Musk (CEO) Zach Kirkhorn (CFO) Drew Baglino (CTO)
Products	Model S Model X Model 3 Model Y Powerwall, Powerpack, and Megapack Solar panels and Solar Roof Tesla Energy Software
Production output	930,422 vehicles (2021)  3.99 GWh battery energy storage systems (2021)  345 MW solar (2021)
Services	Vehicle servicing Charging Insurance Software updates and upgrades Premium Connectivity
Revenue	US$53.8 billion (2021)
Operating income	US$6.52 billion (2021)
Net income	US$5.52 billion (2021)
Total assets	US$62.1 billion (2021)
Total equity	US$30.2 billion (2021)
Owner	Elon Musk (17%)[1][a]
Number of employees	99,290 (2021)
Subsidiaries	DeepScale Tesla Energy Tesla Grohmann Automation
Website	tesla.com
Footnotes / references [2][3][4][5][6]

Founded 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, via a $6.5 million investment, X.com co-founder Elon Musk became the largest shareholder of the company and its chairman. He has served as CEO since 2008. According to Musk, the purpose of Tesla is to help expedite the move to sustainable transport and energy, obtained through electric vehicles and solar power. Tesla began production of its first car model, the Roadster sports car, in 2009. This was followed by the Model S sedan in 2012, the Model X SUV in 2015, the Model 3 sedan in 2017, and the Model Y crossover in 2020. The Model 3 is the all-time best-selling plug-in electric car worldwide, and, in June 2021, became the first electric car to sell 1 million units globally. Tesla's global sales were 936,222 cars in 2021, a 87% increase over the previous year, and cumulative sales totaled 2.3 million cars at the end of 2021. In October 2021, Tesla's market capitalization reached $1 trillion, the sixth company to do so in U.S. history.Tesla, Inc. (/ˈtɛslə/ TESS-lə or /ˈtɛzlə/ TEZ-lə) is an American automotive electric vehicle and clean energy company based in Austin, Texas. Tesla designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. Tesla is one of the world's most valuable companies and remains the world's most valuable automaker with a market capitalization of more than US $1 trillion. The company had the most worldwide sales of battery electric vehicles and plug-in electric vehicles, capturing 23% of the battery-electric (purely electric) market and 16% of the plug-in market (which includes plug-in hybrids) in 2020. Through its subsidiary Tesla Energy, the company develops and is a major installer of photovoltaic systems in the United States. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 3.99 gigawatt-hours (GWh) installed in 2021.