Tesla, Inc. is a leading electric vehicle manufacturer that designs, produces, and sells a range of electric cars and energy products. The company is known for its innovative approach to sustainable transportation, producing models that are not only environmentally friendly but also equipped with cutting-edge technology and high-performance features. In addition to its automotive division, Tesla also focuses on renewable energy solutions, including solar energy products and energy storage systems, aimed at accelerating the world’s transition to sustainable energy. Through its global presence and dedicated infrastructure, such as an extensive network of charging stations, Tesla seeks to revolutionize the automotive industry and promote a greener future. Read More
Tesla’s Q4 results were shaped by shifting demand patterns and significant operational changes, as management pointed to a surge in U.S. vehicle purchases in the prior quarter and increased international deliveries, especially in smaller markets like Malaysia and Poland, as key factors. CFO Vaibhav Taneja attributed steady automotive margins to a favorable regional mix and highlighted growing adoption of Tesla’s Full Self-Driving (FSD) software, noting, “FSD adoption continued to improve in the quarter, reaching nearly 1,100,000 paid customers globally.” Management also flagged sustained strength in the energy segment, with record deployments and continued demand for MegaPack and Powerwall products.
Building on his father’s success, Lerner adopted the role of President and CEO in 1997 and has since guided the company through a period of expansion and innovation.
Elon Musk says the fastest way to increase America's energy output is through batteries, something China is already doing at scale and seeing incredible results.
Tesla Inc. earnings were strong, but its near-term put options still have high yields. An investor who sells short 1-month puts can make a 2.50% investment income. That's attractive to value investors.
Late on Monday, the company launched a new Model Y variant in the U.S., called the Model Y AWD for $41,990, and renamed the cheaper Model Y Standard to Model Y RWD.
