TSLA, or Tesla, Inc., is a company that designs, develops, manufactures, leases, and sells electric vehicles and energy generation and storage systems. Its stock price was $161.48 as of 4:00 PM on April 15, 2024, and had a market capitalization of over $1 trillion. The company operates in two segments: Automotive and Energy Generation and Storage. The Automotive segment offers electric vehicles and related services, while the Energy Generation and Storage segment provides solar energy generation and energy storage products and related services. Tesla was founded in 2003 and is headquartered in Austin, Texas. The company's stock has faced challenges in recent months, with a decline in vehicle deliveries and increasing competition from companies like BYD and Xiaomi. Tesla's CEO, Elon Musk, announced in April 2024 that the company would lay off more than 10% of its global workforce to reduce costs and increase productivity. 1 2 3
[1] Tesla lays off more than 10% of global workforce: Read the Elon Musk memo
[2] Tesla, Inc. (TSLA) Stock Price, Quote, News & Analysis
[3] About Tesla, Inc.
