Tesla

Company Overview

Tesla is an organization that is focused on building a world powered by solar energy, running on batteries, and transported by electric vehicles. The company manufactures and distributes solar products, batteries, and electric vehicles. The company’s solar products are used for residential and commercial applications. The company spends 4% to 5% of its revenue on R&D activities every year. The company has installed nearly 4 gigawatts of solar, which is approximately 480,000 roofs that are cumulatively generating over 25 TWh of clean energy.

Tesla’s Solar Roof integrates solar energy generation with aesthetically pleasing glass tiles and is distributed through both direct-to-consumer and channel partner sales models. The company is actively enhancing its installation processes and efficiency. This includes strategic collaborations with real estate developers and homebuilders to facilitate the integration of Solar Roof into new residential constructions.

Financial Highlights (FY 2024)

Company's Business Segments

• Automotive : This segment includes designing, development, manufacturing, sales, and leasing of electric vehicles and sales of automotive regulatory credits.
• Energy Generation and Storage : This segment includes designing, manufacturing, installing, selling, and leasing solar energy generation and energy storage products, as well as associated services and sales of solar energy systems incentives.
• Services and other : This segment consists of sales of used vehicles, non-warranty maintenance services and collision, part sales, paid Supercharging, insurance services revenue and retail merchandise sales.