Tesla had a market capitalization of $1.11 trillion in net worth as of November 2024. This is a massive improvement in comparison with the previous years. Tesla, Inc. is an American EV, clean energy storage products, and solar technology corporation. Founded in 2003 by Elon Musk, the company has been the world’s leader in electric mobility and is the most disruptive force that transformed the automobile sector through its development of advanced autonomous driving systems, newly developed vehicles line-ups, and other products focusing on renewable energy. The company is still leading in EV and went global, which is quite influencing both the energy and automotive industries. Through successes within solar products, energy storage systems, and even in the development of battery technology, Tesla became the market leader.
Tesla, Inc Net Worth
Tesla Revenue
Tesla posted revenues of $96.77 billion in 2023, up 18.80% year on year. So great is Tesla for many big reasons: a range of different products offered, from solar panels and energy storage devices to cars. Of course, the leading electric cars sold by the company are the Model 3 and Model Y. On the revenue side, the Company revenue slightly rose 1.28% year over year to hit $97.15 billion in its most recently completed quarter of 2024.
Tesla Assets
Its key assets include global manufacturing facilities that comprise Gigafactories situated in Texas, Nevada, Shanghai, and Berlin. Its significant products are solar panels, solar roof systems, electric vehicles, and energy storage devices comprising Powerwall, Powerpack, and Megapack. The company further continues its solid investments in R&D, extending its product portfolio and increasing production capacities.
Tesla Liabilities
The major liabilities of Tesla are the production equipment, manufacturing plants, and research costs. In addition to all these legal and regulatory issues, the company has also faced some tough times in environmental compliance costs and patent wars. Despite its potential liabilities, Tesla has coped with its leading market position in the industry very efficiently.
Tesla New Acquisition & its Business
Tesla’s self-driving technology has been promoting itself, over these years, with several strategic acquisitions comprising the solar panel company SolarCity and many more AI-based businesses. With these acquisitions, two of Tesla’s objectives in improving autonomous driving and sustainability have been met.
Tesla Year to Year Stock Market
The stock market is stable for Tesla, despite some fluctuations. The share had grown by 43.53% since 2023, as of November 2024 reaching $345.16 per share. These gains have been witnessed as a result of the strong financial performances and high demand for electric cars globally. Tesla will continue to have a hold on the energy and EV markets is reflected in the stock price of Tesla in the year 2024. As compared to the previous year of 2023, in the year 2024, the stock rose by 43.53%.
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