Stocks TSLA (TESLA, INC.)
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Financial data Tesla
TESLA, INC. revenues grew 82.51% in FY 2018 compared to FY 2017 to 21.46bn. Net income grew 50.23% to -976.09m.
Information about the company Tesla
Tesla Motors Inc. (TSLA) is one of the most innovative automotive companies in the world, specializing in electric cars and battery charging equipment. TSLA presents a disruptive challenge to the established automobile industry by offering vehicles completely independent of gasoline consumption. TSLA CEO Elon Musk aims to provide an affordable model so that the average user can help with climate change. TSLA stock price is affected by the company’s revenues, which derive from regulatory changes and a country’s environmental policy. What Drives TSLA’s Stock Price Like other automotive companies, TSLA’s revenues, earnings and stock price heavily rely on the demand for its vehicles. Another proponent of TSLA’s stock price is the outlook on oil and regulation of the oil industry. If oil prices are low, consumers are less likely to purchase TSLA vehicles since it would be less costly to drive a fuel-efficient vehicle.
Company statistics Tesla
Sector: Consumer Cyclicals Industry: Auto & Truck Manufacturers Employees: 48817