Tesla designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems globally. The company operates in two segments, Automotive; and Energy Generation and Storage.
The company offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty maintenance services and collision, automotive insurance services Part sales and retail merchandise sale, as well as sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades.
Its portfolio also includes purchase financing and leasing services, services for electric vehicles through its company-owned service locations and Tesla mobile service technicians, and vehicle limited warranties and extended service plans.
Additionally, it engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries Through a network of channel partners, as well as services and repairs to its energy product customers, including under warranty and extended service plans.
Its portfolio also includes various financing options to its residential customers, lithium-ion battery energy storage products, such as Powerwall and Megapack, energy generation products including solar panels and solar roof, and self-driving development and artificial intelligence software, vehicle control and infotainment software, and battery and powertrain. Incorporated in 2003 and headquartered in Austin, Texas, Tesla was formerly known as Tesla Motors, Inc. before rebranding in February 2017.