Business Model of Tesla and How Tesla Earns Money
Tesla is the most valuable car company in the world now. Its market capitalization has crossed $1 Trillion
The next 10 most valuable car companies, Ford, Honda, Volkswagen, Toyota, BMW, the combined value of these 10 companies would be equal to Tesla
There are 4 very popular models of Tesla
1. Model S
2. Model 3
3. Model X
4. Model Y
Tesla introduced the concept of Gigafactory's, wherein they set up gigantic factories for manufacturing the batteries for their cars in order to reduce cost
Tesla's Source of Revenue
1. Automotive
2. Servicing
3. Energy Business
Tesla Powerwall
The Power Wall has also been created with the prospect of renewable energy
The Most expensive Model X around $99,900
Model S at $90,000
Model Y at $55,000
Model 3, the most sold Tesla Car is also the cheapest Tesla Car at $42,000
Tesla Research and Development expenses is almost thrice than that of the other car companies.
Presently, there are 6 Gigafactories worldwide, 4 of them are functional and 2 Under construction