Tesla Inc. engages in the design, development, manufacture and sale of fully-electric vehicles, energy generation and storage systems. It also provides vehicle service centres, supercharger stations and self-driving capability. The company operates through the following segments: Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture and sale of electric vehicles. The Energy Generation and Storage segment includes the design, manufacture, installation, sale and lease of stationary energy storage products and solar energy systems and sale of electricity generated by its solar energy systems to customers. It develops energy storage products for use in homes, commercial facilities and utility sites. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard and Marc Tarpenning on July 1, 2003 and is headquartered in Palo Alto, CA.
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Last updated: Data provided by FactSet. This information does not constitute investment advice.
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