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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
Master of Coin and Chief Financial Officer
Andrew D. Baglino
Senior Vice President of Powertrain and Energy Engineering
Business Overview
Tesla, Inc. designs, develops, manufactures, sells and lease electric vehicles and energy generation and storage systems, and offer services related to its sustainable energy 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 systems 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, Powerpack and Megapack.
Financial Overview
For the six months ended 30 June 2021, Tesla Increvenues increased 86% to $22.35B. Net income increasedfrom $120M to $1.58B. Revenues reflect Automotive segmentincrease of 85% to $21.05B, Energy generation and storagesegment increase of 95% to $1.3B, United States segmentincrease of 64% to $9.63B, China (Country) segment increasefrom $2.3B to $5.9B. Net income benefited from Interestexpense , Gross decrease of 41% to $212M (expense).