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Acc 345 Mileston1 3 - 1707272047350
Acc 345 Mileston1 3 - 1707272047350
Tesla has been in business since 2003. Formerly named "Tesla Motors," the company changed its
name to "Tesla, Inc." in 2017. Though Marc Tarpenning and Martin Eberhard founded the
company first, Elon Musk is its most well-known face. After investing $30 million and being
named to the board, Musk did not first join the firm until 2004. While serving on the company's
advisory board, Eberhard resigned as CEO in 2007. A short-term replacement for him at Tesla
was investor Michael Marks. The greatest change has been the company's gradual transition into
Locations
Fremont, CA Factory
Gigafactory Nevada
Gigafactory Texas
Gigafactory Shanghai
Gigafactory Berlin—Brandenburg
Customer Demographic
Owning a home is another common trait among Tesla drivers. 56% of Model 3 owners and 88%
of current Model S and X Tesla owners are homeowners, per the report. Although it falls below
33% for those under the age of 34, the US has a nationwide homeownership rate of about 64
percent.
Executive Management Team
"The data mandated by this Item 10 of Form 10-K is incorporated herein by reference and will be
included in our 2022 Proxy Statement, which will be filed with the Securities and Exchange
Commission in conjunction with the solicitation of proxies for our 2022 Annual Meeting of
Stockholders. Within 120 days after the conclusion of the fiscal year that this report pertains to,
the 2022 proxy statement will be submitted to the Securities and Exchange Commission (United
Competition
Automotive, energy storage, and solar energy are three fields in which Tesla has competition. In
addition, we think that competition for our car offerings as a platform for delivering other
features and services, charging solutions, and self-driving technologies is growing. To stay
competitive in this emerging market, we plan to keep improving our infotainment offerings,
Supercharger network, FSD and neural network capabilities, Autopilot, and other features.
Major Shareholders
Both individuals and institutions are among Tesla's principal stockholders. Owning 13.04% of
the shares is Elon Musk personally. Three of the major institutional shareholders of Tesla,
holding a combined 15% of the company's outstanding shares, are Vanguard Group, Blackrock
Risks highlighted by Tesla include macroeconomic conditions arising from the worldwide
COMMISSION, 2022).
The company's goal is to hasten the global switch to renewable energy sources. We create,
design, produce, build, rent, and market energy storage devices, solar energy production systems,
installation, maintenance, and other services associated with our goods. In addition, robots,
automation, and artificial intelligence-based goods and services are gaining more and more of
our attention.
Manufactured 930,422 cars and delivered 936,222 in 2021. Our present priorities include
raising vehicle production and capacity, developing and enhancing battery technologies,
enhancing our FSD skills, making our cars more reasonably priced and efficient, and building
Installed 345 megawatts of solar energy systems and 3.99 GWh of energy storage items in 2021.
Our present priorities include expanding the market share of both new and retrofit solar energy
systems, enhancing our capacity to install solar roofs efficiently, and scaling up manufacturing of
order to facilitate more product deliveries and installations as well as further revenue
Tesla's net income attributable to common stockholders in 2021 was $5.52 billion, a positive
change of $4.80 billion from the previous year. Our continued priority is increasing our
Had $17.58 billion in cash and cash equivalents at the end of 2021, down $1.81 billion from
the previous year. Our operational operations generated $11.50 billion in cash flows in 2021, up
$5.55 billion from $5.94 billion in 2020; capital expenditures came to $6.48 billion in 2021 from
$3.16 billion in 2020. Our company can now mostly support itself thanks to sustained expansion,
but we still have several capital-intensive initiatives planned for the near future.
LEED Certification
According to the U.S. Green Building Council, the country's premier authority on sustainable
design, "The Tesla Treatment Plant has achieved its Leadership in Energy and Environmental
Design (LEED) Silver certification." The Tesla Treatment Facility was acknowledged for its
capacity to treat up to 315 million gallons of drinking water sustainably and effectively every day
for around 2.6 million people living in the San Francisco Bay Area, based on data collected over
the course of a year to highlight its performance advantages. According to Stantec Consulting's
2023 report, "The Tesla Water Treatment Facility was designed by Stantec Consulting and
Summary
Together with its shares, Tesla is a very valuable firm. Owing to global trends toward
environmental sustainability, the firm has enormous potential. Being a profitable and
ecologically aware business, Tesla is valued in my opinion. I believe there is a lot of opportunity
Links
https://www.sec.gov/Archives/edgar/data/1318605/000095017022000796/tsla-20211231.htm
https://www.sec.gov/Archives/edgar/data/1318605/000119312523094075/d451342ddef14a.htm
Kay, G. March 12, 2023. Let's get to know the average Tesla owner: a white man making more
than $130,000 per year for his family. Business Insider. Typical Tesla driver salary, age, career
Tsla-20211231.htm https://www.sec.gov/Archives/edgar/data/1318605/000095017022000796/
edgar/data/1318605
Willing, N. (March 2, 2023). Shareholders of Tesla: Who is the biggest Tesla shareholder?..
Owners of Tesla Who Has the Most Tesla Shares? Who owns the most Tesla stock? According to
Capital.com