Tesla, Inc., headquartered in Austin, Texas, is an American multinational automotive and clean energy company founded in July 2003 by Martin Eberhard and Marc Tarpenning. Tesla designs, manufactures, and sells electric vehicles (BEVs), energy storage devices, solar panels and solar shingles, and related products and services. Elon Musk has been the CEO since 2008, and the company's CFO and Chief Accounting Officer is Vaibhav Taneja. Tesla is shifting its focus from high-volume growth of existing models to the launch of the "Cybercab" (a purpose-built robotaxi) and the "Project Redwood" affordable car.
Recent news includes Tesla ramping up high-volume production of its all-electric Semi truck in 2026. However, Tesla's annual revenue declined 3% in 2025, which is the first year-over-year drop on record. Tesla has established a local training center in China to support the full adaptation of FSD to domestic driving conditions. As of February 6, 2026, Tesla's stock price is $411.11, and its current market cap is $1.54T with 3.75B shares. Tesla is also planning to end production of the Model S and Model X in the second quarter of 2026 to focus on manufacturing the Optimus robot.