Who runs the Tesla?
Tesla is an automotive electric company run by genius billionaire Elon Musk. Elon Musk is one of the greatest geniuses of our generation. Elon Musk is known as a serial entrepreneur who runs the world’s biggest companies.
He is the founder, chairman, CEO & CTO of SpaceX, CEO & product architect of Tesla, owner & CTO of X group (early days known as Twitter), founder of Boring & xAI, and co-founder of Neuralink & OpenAI. He is one of the wealthiest people on the planet.
What is Tesla?
Tesla is an automotive & clean energy company that designs, manufactures & sells battery electric vehicles, solar panels & related products & services. In 2023, the Tesla Model Y was the best-selling vehicle in the world. In 2023 1.23 million Tesla Model Y cars have been sold worldwide. It shows how strong the Tesla is.
What does Tesla sell?
There are 5 vehicle models sold by Tesla. Models S, Model 3, Model X, model Y & Cyber truck.
In the energy category, they sell solar panels, solar roofs & power walls.
How much net profit does Tesla generate?
In 2023 Tesla created $96.7 billion in revenue & when compared to revenue in 2020 $31.5 billion almost three times the revenue growth for the last 3 years. The net profit has increased from $721 million in 2020 to $15 billion in 2023, a massive growth. Tesla is a growing company with an exceptional management team.
What is the financial position of the company?
Over the past couple of years, they have increased their assets to over $100 billion & shareholders’ equity is $63.6 billion in 2024.
How much does a Tesla share?
TSLA shares are currently trading for $170 per share & over the past 12 months their earning has been $3.9 per share which gives PE of 44.
Who owns the Tesla?
The biggest shareholder of the company is Vanguard Group which owns 7.32% of the company.
