Tesla, Inc. Company Summary

Business Focus: Tesla, Inc. is a leader in the development, manufacturing, and sales of electric vehicles (EVs), energy storage solutions, and renewable energy products. The company aims to accelerate the world's transition to sustainable energy through innovative transportation and energy solutions.

Key Operations and Products:

• Electric Vehicles (EVs): Tesla produces a range of electric cars, with the Model Y being the best-selling vehicle globally in 2024.
• Energy Storage: Tesla has increased its energy storage deployment to 31.4 gigawatt-hours in 2024, representing a 113.3% increase over the prior year.
• Manufacturing Facilities: Built and operated massive Gigafactories, including a notable factory in Shanghai that completed construction in 2024.
• Advanced Technologies:
  • Deployment of Full Self-Driving (FSD) capabilities, including AI training compute increases over 400% in 2024.
  • Introduction of the Robotaxi vehicle, Cybercab.
• Market Position:
  • Tesla supplied various products including Megapacks and other battery systems.
  • The company’s market capitalization was valued at approximately $550.17 billion as of June 28, 2024.

Employees:

• As of January 22, 2025, Tesla had 3,216,517,037 shares of common stock outstanding.
• Total number of employees is approximately 126,507, with a significant portion based outside the U.S. and a substantial percentage working on production lines.

Financial Highlights:

• Revenue: While specific revenue figures are not provided in this excerpt, the company emphasizes that Model Y was the top-selling vehicle globally in 2024, and the business is growing significantly.
• Profitability: No explicit net income figures are shared within this document; however, the company's market capitalization and production metrics indicate substantial growth and scale.

Other Key Details:

• Tesla’s headquarters is located in Austin, Texas.
• The company is incorporated in Texas and is classified as a large accelerated filer for SEC reporting purposes.
• Tesla’s principal officers include Elon Musk (CEO and Technoking), Vaibhav Taneja (CFO), and Tom Zhu (Senior Vice President, APAC).
• Tesla has a large base of shareholders, including institutional investors like The Vanguard Group and Blackrock, Inc., holding significant shares.

Summary:
Tesla, Inc. develops electric vehicles and renewable energy products, operates globally with a large workforce, and has a market valuation over half a trillion dollars as of mid-2024. Its innovation in battery technology, vehicle autonomy, and manufacturing scale underpin its position as a leader in sustainable energy and transportation solutions.