
During this same period, Tesla produced 930,422 vehicles and delivered 936,222 units. In 2021, Tesla produced total revenues of $53.8bn, of which $47.2bn came from vehicle sales. The company has manufacturing facilities in the US (Texas, Nevada, California and Buffalo), China and Germany. Tesla is currently headed by Elon Musk and is headquartered in Austin, Texas. The firm is also planning to launch a new Roadster model and make it available for customers in 2023. In addition, the company is working to launch a commercial truck called the Tesla Semi and a passenger pick-up truck called the Cybertruck. Later on, the company introduced new models, including the Model S, Model X, Model Y and Model 3. The first vehicle Tesla launched was the Roadster in 2008. However, Musk was instrumental to Tesla’s success as he invested in the company and helped it raise money from venture capitalists and angel investors.

Its founders were Martin Eberhard and Marc Tarpenning. Tesla was founded in 2003 by a group of engineers who had the vision to revolutionise the auto industry by creating fully functional, electrically powered vehicles (EVs).Ĭontrary to popular belief, Tesla was not founded by Elon Musk. US30 US Wall Street 30 (USA 30, Dow Jones)
