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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: 1 Tesla Road
AUSTIN TX 78725
Tel: N/A
Website: https://www.tesla.com
IR: See website
Key People
Elon R. Musk
Chief Executive Officer, Director, Technoking of Tesla
Vaibhav Taneja
Chief Financial Officer
Tom Zhu
Senior Vice President - Automotive
Business Overview
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offer services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. This segment also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.
Financial Overview
For the fiscal year ended 31 December 2023, Tesla Inc revenues increased 19% to $96.77B. Net income increased 19% to $15B. Revenues reflect Automotive segment increase of 17% to $90.74B, Energy generation and storage segment increase of 54% to $6.04B, United States segment increase of 12% to $45.24B, China segment increase of 20% to $21.75B. Net income also reflects Interest income increase from $297M to $1.07B (income).