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Tesla issued US$2 billion of new shares on February 18, 2020. [181] From July 2019 to June 2020, Tesla recorded four profitable quarters in a row for the first time, which made it eligible for inclusion in the S&P 500. [182] On August 12, 2020, Tesla announced a 5-for-1 stock split, which took effect on August 31, 2020. [183]
Tesla, Inc. (/ ˈ t ɛ s l ə / TESS-lə or / ˈ t ɛ z l ə / TEZ-lə [a]) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
Tesla's push into autonomous driving is central to its future strategy. Musk revealed plans to roll out "Cybercab" robo-taxis as soon as 2026 , with production targets in the millions per year.
Tesla acquired SolarCity in 2016, at a cost of approximately US$2.6 billion (equivalent to $3.3 billion in 2023) and reorganized its solar business into Tesla Energy. SolarCity heavily focused on door-to-door sales of leased systems, where customers would pay no upfront costs, but agreed to purchase the power generated by those panels from the ...
Tesla (NASDAQ: TSLA) is arguably one of the most successful companies in the last decade, turning around its business from the brink of bankruptcy to become one of the most-profitable car ...
Tesla recently started taking orders for a $74,490 all-wheel drive version, but sales included in the third-quarter results would have been the more expensive Foundation Series, which was ...
Though Tesla only booked $1.6 billion in revenue from its energy storage business in the first quarter, the company reported a healthy $403 million in gross profit from the business, good for a ...
Tesla Motors reported a fourth-quarter loss after the bell on Wednesday of just under $90 million, or $0.65 a share excluding special items. That was a wider loss than the $0.57 a share expected ...