- CEO
- Elon R. Musk
- Full Time Employees
- 134,785
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- 1 Tesla Road Austin TX United States of America 78725
- IPO Date
- Aug 11, 2021
- Business
- Tesla, Inc. designs, develops, manufactures, leases and sells electric vehicles and energy generation and storage systems, with operations centered in the Automotive and Energy Generation and Storage segments. Founded in 2003 and headquartered in Austin, Texas, the company serves consumers, fleets and commercial customers in the United States, China and other international markets through a largely direct-to-customer model.
Its core automotive offerings include Model 3, Model Y, Cybertruck and Semi, together with vehicle software and connectivity features, charging access and sales of automotive regulatory credits; Tesla also develops advanced driver-assistance software, including Full Self-Driving, which is offered as a subscription. Its energy business includes battery energy storage products such as Megapack and related services, as well as solar energy generation products and installations.
In recent company developments, Tesla entered into an agreement in January 2026 to invest approximately $2 billion in xAI as part of xAI’s Series E preferred stock financing round, while Tesla’s 2025 filings show revenue from xAI’s purchases of Megapack products. Tesla also disclosed in April 2026 an agreement to acquire an AI hardware company for up to $2 billion in stock and equity awards, signaling continued investment in artificial intelligence and compute-related capabilities.
Tesla operates major manufacturing and production sites in the United States, China and Germany, and continues to expand its vehicle, energy storage and software platforms across North America, Europe and Asia. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in 2017.