Electric vehicle and clean energy company, known for its electric cars, energy storage solutions, and solar products.
Tesla, Inc. is a pioneering company at the forefront of electric vehicle innovation and sustainable energy solutions. Founded in 2003 and headquartered in Austin, Texas, Tesla operates globally with a strong presence in the United States and China. The company is organized into two primary segments: Automotive and Energy Generation and Storage.
The Automotive segment is dedicated to designing, manufacturing, and selling electric vehicles (EVs). Tesla's lineup includes sedans and sport utility vehicles, which are sold through a combination of direct sales, used vehicle channels, and Tesla Supercharger networks. In addition to vehicle sales, this segment offers automotive regulatory credits, vehicle insurance, and various after-sales services such as maintenance and warranty coverage. Tesla also provides purchase financing and leasing options to facilitate ownership.
The Energy Generation and Storage segment focuses on solar energy generation and energy storage products. Tesla designs, manufactures, and installs solar panels and energy storage batteries for residential, commercial, and industrial customers worldwide. These products are marketed through Tesla's online platforms, retail stores, and partner networks. The segment also provides comprehensive service and repair solutions for its energy products, including warranty support and financing alternatives tailored to solar customers' needs.
Formerly known as Tesla Motors, Inc., the company rebranded to Tesla, Inc. in February 2017 to reflect its broader scope beyond automotive manufacturing. This strategic evolution underscores Tesla's commitment to advancing sustainable energy solutions across multiple sectors, solidifying its position as a leader in the electric vehicle and renewable energy industries.