Tesla’s business model has crossed $1 trillion and most valuable car company in the world

Tesla, Inc. is an American electric vehicle and clean energy company that is one of the world's most valuable companies.

Tesla Company has the largest sales of battery electric vehicles and plug-in electric vehicles in 2020, with 23% of the market and 16% of the plug-in market share.

Elon Musk served as CEO since 2008 and co-founded X.com in February 2004, through a $6.5 million investment.

Tesla began production of its first car model, the Roadster sports car, in 2009.

Model S sedan produced in 2012, Model X SUV in 2015, Model 3 sedan in 2017, and Model Y crossover in 2020.

In June 2021, the first electric car to sell 1 million units globally, and Tesla in 2021 had global sales of 936,222 cars.

In October 2021, Tesla's market capitalization reached $1 trillion and the Model 3 is the best-selling plug-in electric car worldwide.

On June 29, 2010, the Tesla Company became a public company through an initial public offering (IPO) on the NASDAQ.

The Tesla Company issued 13.3 million shares at a price of $17.00 per share and raised approximately $226 million.

In June 2012, the company launched its second car, the Model S luxury sedan, and the Model S won several automotive awards during 2012 and 2013.

Learn More

[{"selector":"#anim-96eaf1c0-1b54-4816-a79d-ed1520fe662e","keyframes":[{"offset":0,"transform":"rotate(-90deg) translate3d(0, -307.42822%, 0) rotate(90deg)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"rotate(-90deg) translate3d(0, 0%, 0) rotate(90deg)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"rotate(-90deg) translate3d(0, -86.448815464%, 0) rotate(90deg)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"rotate(-90deg) translate3d(0, 0%, 0) rotate(90deg)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"rotate(-90deg) translate3d(0, -29.390137832%, 0) rotate(90deg)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"rotate(-90deg) translate3d(0, 0%, 0) rotate(90deg)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"rotate(-90deg) translate3d(0, -11.036673098000001%, 0) rotate(90deg)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"rotate(-90deg) translate3d(0, 0%, 0) rotate(90deg)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"rotate(-90deg) translate3d(0, -4.795880232%, 0) rotate(90deg)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"rotate(-90deg) translate3d(0, 0%, 0) rotate(90deg)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1600,"fill":"both"}] Arrow