Tesla’s net worth is estimated to be $610 billion as of 2024. Tesla, Inc. is one of the largest and most prolific electric vehicle manufacturers and designers in the world. Tesla is an American company headquartered in Austin, Texas. The company has a wide range of electric products such as electric cars, trucks, solar panels, solar roofing tiles, and more. Tesla is the world’s leading manufacturer and distributor of electric vehicles and has earned some serious acclaim worldwide.
The company’s market cap is huge in terms of battery electric vehicles and plug-in electric vehicles. It has a huge market share of 23% of battery electric vehicles and 16% of plug-in electric vehicles. Also see Facebook Net Worth, Apple Net Worth, Amazon Net Worth.
In addition to its involvement in the automotive industry, its subsidiary Tesla Energy has also played a huge role in the company’s success. Tesla Energy produces the largest number of battery energy storage systems and is also the leading supplier of such systems. Tesla Energy also plays a huge role in the installation of photovoltaic systems in the United States. In terms of renewable energy, no other company besides Tesla has such a large market capitalization of around $610 billion. Also, take a look at Microsoft’s net worth.
Tesla Net Worth
Tesla is a huge company, certainly the biggest and most successful among all its competitors. The company has a huge market capitalization and huge shares worldwide. Elon Musk is the sole person responsible for all the success and power that we are witnessing today. Regarding the net worth of the company, there is no exact data available. Although it is estimated that Tesla has a market capitalization of $1 trillion by the end of 2021 and currently, the company has a net worth of $610 billion.
| Name | Tesla Company |
| Net worth 2024 | 610 billion dollars |
| Net worth in Indian Rupees | 71 Lakh Crore Rupee |
| Net income: | $11.788 billion |
| Revenue | $86.035 billion |
| Total assets | $86.833 billion |
| PE ratio | 80.72 |
| Founder: | Elon Musk, Martin Eberhard, JB Straubel, Marc Tarpenning, Ian Wright |
| Chief Executive Officer | Elon Musk (October 2008–) |
| Head office: | Austin, Texas, United States |
| Established: | July 1, 2003 |
| Number of employees | 1,10,000 (April 2022) |
| Subsidiaries: | Maxwell Technology, Tesla Energy, Tesla Grohmann Automation |
| Website | tesla.com |
Tesla’s Net Worth Growth
Tesla Revenue 2023
- Tesla’s revenue for the quarter ending March 31, 2023 is $23.329 billion.
- Tesla’s revenue for the twelve months ended March 31, 2023 was $86.035 billion.
- Tesla’s annual revenue in 2022 is $81.462 billion.
- Tesla’s annual revenue in 2021 was $53.823 billion.
- Tesla’s annual revenue in 2020 was $31.536 billion.
- Tesla’s annual revenue in 2019 was $24.578 billion.
| Year | Revenue (Million USD) |
|---|---|
| 2022 | $74,863 |
| 2021 | $53,823 |
| 2020 | $31,536 |
| 2019 | $24,578 |
| 2018 | $21,461 |
| 2017 | $11,759 |
| 2016 | $7,000 |
| 2015 | $4,046 |
| 2014 | $3,198 |
| 2013 | $2,013 |
Tesla’s Net Income in 2023
- Tesla’s net income for the quarter ending March 31, 2023 is $2.518 billion.
- Tesla’s net income for the twelve months ended March 31, 2023 was $11.788 billion.
- Tesla’s annual net income in 2022 is $12.583 billion.
- Tesla’s annual net income in 2021 was $5.519 billion.
- Tesla’s annual net income in 2020 was $0.721 billion.
- Tesla’s annual net income in 2019 was -$0.862 billion.
| Year | Net worth |
|---|---|
| 2022 | $11,190 |
| 2021 | $5,519 |
| 2020 | $721 |
| 2019 | $-862 |
| 2018 | $-976 |
| 2017 | $-1,962 |
| 2016 | $-675 |
| 2015 | $-889 |
| 2014 | $-294 |
| 2013 | $-74 |
The Evolution of Tesla
Tesla first came into existence in 2003, when it was founded by Martin Eberhard and Marc Tarpenning as Tesla Motors. The company was founded on July 1, 2003, in San Carlos, California, United States, by Elon Musk, Martin Eberhard, JB Straubel, Marc Tarpenning, and Ian Wright. The company envisioned creating a greener and cleaner environment by using electric power for the automobile industry. The company was named Tesla in honor of inventor and electrical engineer Nikola Tesla. In 2004, Elon Musk became famous when he invested about $6.5 million in the company and became the company’s largest shareholder.
Elon Musk has been the CEO of the company since 2008, and it is his vision that has helped Tesla become such a huge company. Elon Musk oversaw the design of Tesla Motors’ famous Roadster. After years of hard work, Tesla Motors finally created a practical design for the Roadster, and production and manufacturing began in 2008. By 2009, the company had delivered 147 cars and raised over $187 million. Also, check out Google Net Worth.
Tesla Products
| Model S |
| Model 3 |
| Model 3 |
| Model Y |
| Energy Wall |
| Power supply |
| Megapack Solar Panel |
| Solar Roof |
After creating its first electric car, the Roadster, Tesla started working on many other projects. Its other cars, such as the Model S sedan, were put into production in 2012 and became a huge hit. Then, in 2015, another car, the Model X SUV, was introduced and production began that same year. Tesla saw a huge increase in its popularity as its cars received good reviews.
Tesla has launched two more models in 2017 and 2020, the Model 3 Sedan and the Model Y Crossover, respectively. The Model 3 Sedan has become the most successful car Tesla has ever produced. It is a plug-in electric vehicle and the only crossover vehicle to have sold more than 1 million units worldwide. Thanks to the success of these models, the company’s market capitalization has increased to $1 trillion, making Tesla the sixth company in the United States to do so.
Tesla’s total assets in 2023
- Tesla’s total assets for the quarter ending March 31, 2023 were $86.833 billion.
- Tesla’s total assets in 2022 are $82.338 billion.
- Tesla’s total assets in 2021 are $62.131 billion.
- Tesla’s total assets in 2020 were $52.148 billion.
- Tesla’s total assets in 2019 were $34.309 billion.
| Year | Total assets (million USD) |
|---|---|
| 2022 | $82,338 |
| 2021 | $62,131 |
| 2020 | $52,148 |
| 2019 | $34,309 |
| 2018 | $29,740 |
| 2017 | $28,655 |
| 2016 | $22,664 |
| 2015 | $8,068 |
| 2014 | $5,831 |
| 2013 | $2,417 |
Achievements
Tesla has achieved great acclaim. It is the world’s largest electric car manufacturer and is involved in all kinds of electronic products. Tesla not only produces cars and trucks but is also a leading supplier and manufacturer of battery energy storage systems. Tesla also installs the most photovoltaic systems in the United States, which is a huge achievement. In addition, the company’s solar panels and solar roof tiles are also something to look forward to. Tesla is not only making profits but is also making progress towards a Greener and cleaner environment.
Tesla shareholders in 2023
- Tesla’s equity for the quarter ending March 31, 2023 is $48.828 billion.
- Tesla’s equity in 2022 is $45.489 billion.
- Tesla’s equity in 2021 is $31.015 billion.
- Tesla’s equity in 2020 was $23.075 billion.
- Tesla’s equity in 2019 was $7.467 billion.
| Year | (Million USD) |
|---|---|
| 2022 | $45,489 |
| 2021 | $31,015 |
| 2020 | $23,075 |
| 2019 | $7,467 |
| 2018 | $5,757 |
| 2017 | $5,235 |
| 2016 | $5,538 |
| 2015 | $1,084 |
| 2014 | $912 |
| 2013 | $667 |
Conclusion
Tesla, Inc. This is a big name in the electric vehicle scene. Tesla Motors has produced some of the best and most futuristic cars and trucks, which still seems impossible. The company has many models on the road, but the Model 3 sedan is the most successful. In addition to its involvement in the automotive industry, Tesla is also known for its battery energy storage systems and solar panels and solar roof tiles. The company also manufactures and installs the most photovoltaic systems in the United States. Tesla is an absolute dream, and it is becoming a reality with every passing minute.
Frequently Asked Questions
What is Tesla’s net worth?
Tesla’s current net worth is $610 billion
Who is the founder of Tesla?
The founders of Tesla are Elon Musk, Martin Eberhard, JB Straubel, Marc Tarpenning, Ian Wright.
When and where was Tesla founded?
Tesla was founded on July 1, 2003, San Carlos, California, USA
Who is the CEO of Tesla?
Elon Musk is the CEO of Tesla.
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