DECODING TESLA'S TRIUMPHS: AN ANALYSIS OF OPERATIONAL DATA

Abstract

Tesla Inc. is a renowned electric vehicle and clean energy enterprise that has made significant strides in recent years. Headquartered in Palo Alto, California, Tesla was originally founded as Tesla Motors, Inc. on July 1, 2003, by Martin Eberhard and Marc Tarpenning. This paper delves into Tesla's remarkable growth trajectory, analyzing its expanding market share and pivotal role in the global electric vehicle sector. In 2020, Tesla achieved a milestone by securing the highest sales figures for battery electric vehicles and plug-in electric vehicles, capturing 16% of the plug-in vehicle market and 23% of the global electric vehicle market. Furthermore, Tesla's exceptional performance continued in 2021, as the company reported record-breaking Q2 earnings and revenues, boasting $1.1 billion in net income from $12 billion in revenues, surpassing even the most optimistic Wall Street projections. Beyond its dominance in the vehicle market, Tesla Energy, a subsidiary of the company, has emerged as a prominent player in the installation of photovoltaic systems in the United States. Additionally, Tesla is recognized as one of the largest global suppliers of battery energy storage systems. This paper provides a comprehensive analysis of Tesla Inc.'s operations, offering valuable insights for the company itself and its stakeholders as they navigate the dynamic landscape of electric vehicles and clean energy