Tesla (NASDAQ: TSLA), an American electric vehicle (“EV”) and clean energy company, was featured in this week’s Simply Wall St Journal that discussed its valuation and a split of believers and skeptics as to its limitless value versus those more pessimistic on its prospects. The article clarifies Tesla’s current standing and what the company needs to do to achieve its ambitious targets. “Tesla (NASDAQ: TSLA) is easily one of the most controversial companies in the world right now. Most either love it or hate it. These two groups seem to be split into those who owned it through 2020, and those who watched on the sidelines as the price multiplied 10-fold,” the piece reads. “What’s undeniable is the fact that Tesla is working on some exciting innovation in the world’s transition to sustainable energy. The company’s grand ambitions for electric vehicles, autonomous driving, battery design, energy storage and energy generation have contributed to the widely differing opinions on the business’ future. Some believe its plans are possible, while others are skeptical.”
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About Tesla Inc.
Tesla is an American electric vehicle (“EV”) and clean energy company. Tesla’s current products include electric cars, battery energy storage from home-to-grid scale, solar panels and solar roof tiles, as well as other related products and services. Tesla was ranked as the world’s best-selling plug-in and battery electric passenger car manufacturer in 2019, with a market share of 17% of the plug-in segment and 23% of the battery electric segment. Through its subsidiary SolarCity, Tesla develops and is a major installer of solar photovoltaic systems in the United States. Tesla is also one of the largest global suppliers of battery energy storage systems, with 3 GWh of battery storage supplied in 2020, and has installed some of the largest battery storage plants in the world. For more information, visit www.Tesla.com.
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