Business model of Tesla and How it makes Money

Tesla is the most significant vehicle organization on the planet. Its market capitalisation has crossed $1Trillion

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The following most significant vehicle organizations, Ford, Honda, Volkswagen, Toyota, BMW, the joined worth of these 10 organizations would be equivalent to Tesla.

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There are 4popular models of Tesla: -Model S -Model 3 -Model X -Model Y

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Tesla presented the idea of Gigafactory's, wherein they setup, massive industrial facilities for assembling the batteries for their vehicles to decrease cost.

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Main source of revenue for Tesla is: -Automotive -Servicing -Energy Business

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Tesla Powerwall Powerwall is an integrated battery system that stores your solar energy for backup protection, so when the grid goes down your power stays on.

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The most expensive Model X around $99,900 Model S at $90,000 Model Y at $55,000 Model 3, the most sold car and also the cheapest car of Tesla at $42,000

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Tesla research and development expenses is almost thrice more than other companies. Currently, there are 6 Gigafactories worldwide, 4 are functional and 2 under construction.

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