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Tesla Inc (OQ:TSLA)

Business Focus: Electrical (Alternative) Vehicles

Sector:  Consumer Cyclicals Industry:  Auto & Truck Manufacturers
See Regulatory Filings on SEC
Company Contact
Address: 3500 Deer Creek Rd
PALO ALTO CA 94304-1317
Tel: N/A
IR: See website
Key People
Robyn M. Denholm
Independent Chairman of the Board
Elon Musk
Chief Executive Officer, Director
Zachary Kirkhorn
Chief Financial Officer
Jerome M. Guillen
President - Tesla Heavy Trucking
Andrew D. Baglino
Senior Vice President of Powertrain and Energy Engineering
Business Overview
Tesla, Inc. designs, develops, manufactures and sells electric vehicles and designs, manufactures, installs and sells solar energy generation and energy storage products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of electric vehicles as well as sales of automotive regulatory credits. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products, services related to its products, and sales of solar energy system incentives. Its automotive products include Model 3, Model Y, Model S and Model X. Model 3 is a four-door sedan. Model Y is a sport utility vehicle (SUV) built on the Model 3 platform. Model S is a four-door sedan. Model X is an SUV. Its energy storage products include Powerwall and Powerpack.
Financial Overview
For the three months ended 31 March 2021, Tesla Increvenues increased 74% to $10.39B. Net income increasedfrom $16M to $438M. Revenues reflect Automotive segmentincrease of 74% to $9.9B, Energy generation and storagesegment increase of 69% to $494M, China (Country) segmentincrease from $900M to $3.04B, United States segmentincrease of 60% to $4.42B. Net income benefited fromRestructuring and other increase from $0K to $101M