Ever since Tesla’s foundation in 2003 by Martin Eberhard and Marc Tarpenning, the company has redefined how we perceive electric vehicles. With Elon Musk taking the helm in 2004, Tesla disrupted the automobile industry, demonstrating the feasibility and desirability of electric cars, and giving a glimpse of a future less dependent on fossil fuels. Today, […]
The Tesla mission statement is “to accelerate the world’s transition to sustainable energy.” And the Tesla vision statement is “to create the most compelling car company of the 21st century by driving the world’s transition to electric vehicles.” Since its founding in 2003, Tesla, Inc., has been a driving force behind the revolution of the […]
Who Owns Tesla? Since Tesla is a publicly traded company, its ownership is distributed among several shareholders. Elon Musk is the majority shareholder of the company and currently holds about 13% of its shares. The next highest individual shareholder is Lawrence J. Ellison, the former CEO of Oracle, who holds about 1.4% to 1.5% of […]
Yes, Tesla is profitable. However, the company has only become profitable in recent years, first achieving profitability in 2020 and growing to generate $12.55 billion in net profits for 2022. Starting with just $862 million of profit in 2020, Tesla quickly grew over the next couple of years to make $5.6 billion in 2021 and […]
Tesla, Inc. is by far one of the most well-known companies in the world. As a testament to this fact, the mention of the name is more likely to conjure up images of its eccentric CEO and electric vehicles than Nikola Tesla, the famous inventor. How did the brand achieve such massive success? In this […]
The Tesla business model operates as a Direct-to-Consumer (D2C) business model as it sells directly, cutting out middlemen such as dealerships and offering its own charging station network. Which of these names do you recognize more easily: Tesla or Elon Musk? While, in general, we identify the author by the work — that is, it […]
