Background of Tesla, Inc
Tesla, Inc. is an American company headquartered in Palo Alto, California. It is mainly involved with the manufacturing of electric vehicles, battery energy storage ranging from home to grid scale along with the manufacturing of solar panels and solar roof tiles.
Tesla, Inc. has a rich history that dates back to 2003 when the company was incorporated under the name Tesla Motors.
After GM had to recall its EV1 electric cars in 2003, Tesla, Inc.’s founders were influenced to start the company and take advantage of the fact that battery-electric cars had higher efficiency and could break the correlation between high performance and low mileage.
In 2004, Tesla Inc.’s three employees, Martin Eberhard, Marc Tarpenning, and Ian Wright happened upon Elon Musk, who contributed US$6.5 million US$7.5 million round of investment.
In 2004, Elon Musk became the chairman of the board of directors followed by Martin Eberhard being appointed as the CEO of Tesla, Inc.
Elon Musk personally oversaw the Roadster product design but was otherwise not particularly involved in day-to-day business operations.
Tesla, Inc. has partnerships with both Daimler, Toyota, Panasonic, and others. Work between Daimler AG and Tesla began in 2007 and in 2009, Daimler bought a less than 10% stake in Tesla, Inc.
Tesla, Inc., and Toyota entered into a partnership in 2010 with the aim of working on electric development which resulted in the development of a second generation compact Toyota RAV4 EV.
In partnership with Panasonic, Tesla, Inc. developed nickel-based lithium-ion battery cells specifically for electric vehicles.
In 2010, Panasonic and Tesla, Inc. had reached an agreement for participation in Giga Nevada in addition to a collaboration which included the manufacturing and production of PV cells along with modules at Giga New York.
Tesla, Inc. also partnered with Mercedes-Benz to build electric-powertrain components for the Class E-Cell. The plan had been to build 500 cars for a trial in Europe in 2011.
Tesla, Inc. revamped its stores in 2015 to include interactive displays which focused specifically on features such as safety, autopilot, charging network as well as motors. By 2016, Tesla, Inc. was operating 260 galleries/retail locations in the United States.
Another innovation was the Mercedes-Benz B250e powertrain that Tesla, Inc. produced and co-developed, with production ending in 2017.
During 2017, Tesla, Inc. also partnered with Liberty Mutual Insurance Company with the purpose of offering an auto-insurance plan which would be designed specifically for its proprietary electric cars.
Early in 2020, Tesla Inc. had reached a market capitalization of US$86.5 billion, making it the most valuable American automaker to have ever existed. During the same month, Tesla, Inc. became the second most valuable automaker second only to Toyota.
Tesla, Inc. oversees a high-value product portfolio which electric vehicle manufacturing along with battery energy storage which ranges not only from home but also grid scale in addition to Tesla, Inc. manufacturing both solar panels and solar roof tiles.
Tesla, Inc.’s motor vehicle portfolio comprises of the Model S, Model 3, Model X, Model Y, the Cybertruck, Roadster and Semi in addition to offering charging solutions and technologies.
There are multiple production and assembly plants that are operated by Tesla, Inc. which includes its main vehicle manufacturing facility located in California, Reno in Nevada, New York and even in China.
From 2015 to 2017, Tesla, Inc. acquired several companies which includes Riviera Toll LLC, SolarCity, Grohmann Engineering, Perbix, Maxwll Technologies, DeepScale and Hibar Systems.
Today, Tesla, Inc. is truly one of the most valuable automakers in the world with a market capitalization of US$104.7 billion recorded in January 2025.
In 2019 the total staff compliment for Tesla, Inc. reported was approximately 48,016.
Tesla, Inc Shares Growth Driver
By 2016, Tesla, Inc.’s revenues ranked first in the world with US$6.35 billion along with having sold US$1 billion worth of cars in China alone. This resulted in an agreement with the Chinese Government to have a factory built in Shanghai in the same year.
In 2017, Tesla, Inc. ranked third by brand and in 2018, Tesla, Inc. was ranked the best in the world for selling plug-in passenger cars when it had delivered 245,240 units.
In 2017, an announcement was made by Toyota regarding halt of co-operation and the sale of all the shares it had in Tesla, Inc. due to the creation of its own electric car division
By 2019, Tesla, Inc. had already delivered 367,500 cars which doubled the sales from 2018 and tripled that of 2017. The global sales since 2012 amounted to more than 891,000 units and by 2018, approximately 20% of all-electric cars on the road were that of Tesla, Inc.
In the first quarter of 2025, Tesla had a 1,023,718 cumulative production with total sales of 88,400 units.
Amidst the widespread fear and panic that Covid-19 has wreaked, Tesla, Inc. is one of the few automotive manufactures who will rebound the fastest due to its vertical integration.
An advantage that Tesla, Inc. has above its peers is that most of their automotive parts are created in-house, causing less disruption in the supply chain.
Due to widespread shutdowns as lockdown measures were imposed due to Covid-19, Tesla, Inc. had to shut down their Fremont production facility along with the New York Gigafactory and there are plans to manufacture ventilators under the brand Medtronics.
Despite temporary shutdowns, Tesla, Inc. still continues to deliver vehicles by making use of expanded sets of delivery options.
Tesla, Inc Investor Tip
Tesla, Inc. trades its shares on the NASDAQ Stock Market (NASDAQ) under the stock symbol TSLA. Tesla, Inc. forms part of both the NASDAQ-100 and the Russell 1000 component.
An analysis on the market performance for the first quarter of 2025 indicated a total revenue of US$5,985 million along with a gross profit of $1,234 million and adjusted EBITDA of US$951 million.
Despite setbacks that have been caused by the spread of Covid-19, there was a US$1.8 billion increase in Tesla, Inc.’s cash and the cash equivalents in the first quarter amounted to US$8.1 billion.
When considering the results for the first quarter and the fact that Tesla, Inc. is still in operation under strict compliance with health and safety regulations, performance has as of yet not been deterred.
Data from the analysis should be weighed against forecasted performance during this pandemic, but for now, prices on shares and in turn dividends remain unaffected, which provides shareholders with assurance that they will have a strong buy-in on NASDAQ.
Sector
Automotive and Energy
Industry
Automotive
Sub industry
Energy Storage and Energy Production
How to buy Tesla, Inc Shares
- Navigate to the AvaTrade website and select ‘Register’
- Complete the registration form with the required information and submit documentation to verify your proof of Identity along with your proof of address.
- As soon as your account application has been reviewed and approved, you can select your trading platform from AvaTrade’s website, or by visiting the MetaTrader 4 or MetaTrader 5 websites respectively to start download.
- Once you have downloaded the trading platform of your choice, you can use your AvaTrade live account details to log into your AvaTrade account on the trading platform.
- From the Market Watch screen on both MetaTrader 4 and MetaTrader 5, you can select ‘Tesla’ to buy/purchase shares.
- Alternatively, you can make use of AvaTrade’s online Web Trader or the AvaTradeGo mobile application.
Buying shares has never been this convenient and easy. #myfirstshare
Trading CFDs and Stocks with AvaTrade provides traders with the following benefits
- Leverage of up to 1:20
- Being able to trade stocks on the NYSE, NASDAQ, FTSE, and various others.
- Indices, stocks, and commodities can all be traded form a single screen.
- Client support is presented live in a multitude of languages.
- Traders have exclusive access to a variety of educational tools
- Trades can be executed across multiple platforms
More shares that can be purchased / traded through AvATrade, can be viewed here.
FAQ
- Can I buy Tesla, Inc shares in South Africa?
Yes, you can.
- How to buy Tesla, Inc shares
By simply opening a free account on SA Shares, or by clicking the “Buy this Share” button to get started.
- What is the current share price?
By clicking on the link provided above, you can view the real-time Tesla, Inc share price on the platform.
- Is Tesla, Inc a good share to buy?
Yes, it is. Despite the growing concerns surrounding Covid-19, Tesla, Inc. is continuing manufacturing, sales and delivery of its products and it is forecasted to be one of the very few automotive companies to make a significant rebound post-Covid-19.
- Can I buy Tesla, Inc CFD through SA Shares?
Yes, you can.
- Can I buy Tesla, Inc shares in South Africa?