Tesla
Company Snapshot
Company Overview
Tesla manufactures and sells electric vehicles and energy storage-related products. Its business divisions are automotive, which designs, manufactures, and sells electric cars, and energy generation and storage, in which Tesla designs, manufactures, installs, and sells solar energy generation and energy storage products and services. Its energy generation and storage segment designs, manufactures, installs, sells, and leases solar energy generation and energy storage products, as well as related services, to residential, commercial, and industrial customers. Tesla also sells renewable energy to utility customers. In energy generation and storage, it manufactures lithium-ion battery energy storage products, including the Powerwall and Megapack.
Tesla allocates 4% to 5% of its revenue annually to R&D activities. It has installed nearly 4 GW of solar energy, equivalent to approximately 480,000 roofs that cumulatively generate over 25 TWh of clean energy. Tesla sells Powerwall, which is sold directly to customers and designed to store energy in homes or small commercial facilities. Tesla also offers Megapack, an energy storage solution for commercial, industrial, utility, and energy providers. Multiple units can be combined to create larger installations with capacities of GWh or higher.
Tesla also sells retrofit solar energy systems to both customers and channel partners. It designs and manufactures components for solar energy products. It sells solar roofs, which combine premium glass roof tiles with energy generation, to consumers, including channel partners.
Financial Highlights (FY 2025)
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Tesla In News
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.
Applications/End User Industries
- Automobile Industry
- Energy & Utilities Industry
- Battery Manufacturing
- Utilities and Power
- Logistics and Transportation
- Insurance
- Digital World
- Energy
- Sustainability