Today almost everybody has a car. One car pollutes the environment very badly and also to drive a car we require petrol and the resources of petrol are becoming lesser day by day. So to overcome this problem, Many companies in today’s time have come up with the idea of an electric car. An electric car is a pollution-free car it does not uses petrol, it does not contribute to air pollution, and it does not contribute to sound pollution also. let’s find out How Much Is Tesla Worth?
Tesla is one of the leading electric car-making companies in the world. It is one of the most luxurious brands in the market for electric cars. It is popular in all most all the countries in the world like the US, the UK, Canada, Australia, Dubai, Saudi Arabia, etc
All About Tesla
So let’s see Tesla in detail.
It is a USA-based multinational automotive company. The company has its headquarters in Austin and Texas which is in the United States. The company is an expert in designing and manufacturing electric vehicles, solar panels, solar roofs, and battery storage from home to grid-scale. It is one of the most valuable companies in the world. With a market capitalization of more than $760 billion. The company has the most sales of electric vehicles and plug-in electric vehicles in the world in the year 2020. The company is also a major installer of photovoltaic systems in the United States through its subsidiary company named Tesla Energy.
The company began its first car production in 2009 and the car was named Roadstar after making this car Tesla made many other cars like the Model S sedan in 2012, Model X SUV in 2015, Model 3 sedan in 2017, and Model Y crossover in 2020. The worldwide sales of Tesla were 936,222 cars in 2021 and the sales also summed up to 2.3 million cars at the end of the year 2021. In October 2021 the market capitalization of the company reached $1 trillion.
Tesla’s Worth
So now let’s see Tesla’s Worth
The company is ranked in the 100th position on the Fortune 500 list. The company is also very famous on Wall Street. The founders of Tesla are Elon Musk, Marc Tarpenning, Ian Wright, Martin Eberhard, and JB Straubel. The company earned a revenue of $57.826 billion in 2021 and made a net profit of $5.52 billion in the year 2021. The net worth of Tesla is $58.04 billion
Market Capitalization Of Tesla
The market capitalization of Tesla is $956.1. The share price of Tesla showed dramatic growth in 2021 increasing as high as $1,243.49. As of now the share price of Tesla is 35% less, reducing its market capitalization to $956.51 billion. The company’s fourth-quarter revenue was up to 65% when compared to the same quarter in 2020. The experts predicted a revenue of $16.57 billion. But at the price of $2.52 per share, the earnings went ahead of the expert’s prediction
The Net Worth Of Tesla
The net worth of Tesla as per GoBankingsRates was $58.04 at the end of December 2021
Products That Contribute To Tesla
The main product of Tesla is electric cars. The automotive revenues reached $47.23 billion. This was an increase of 73% over previous years. Although the production of the Model S and X dropped to 19% when compared to the fourth quarter of 2020, Model 3 and Y gained a 79% increase in their total production.
Top Shareholders Of Tesla
The top shareholders of the company are all asset managers and mutual funds companies. All these groups together own 42% of all Tesla shares.
The list of top 10 shareholders is given below
1. Vanguard Group – 6.17% owner of the shares
2. BlackRock Inc. – 5.26% owner of the shares
3. Captial World Investors – 3.73% owner of the shares
4. Captial Research & Management – 3.77% owner of the shares
5. State Street Corporation – 3.11% owner of the shares
6. Geode Capital Management LLC – 1.31% owner of the shares
7. Baille Gifford & Co. – 1.08% owner of the shares
8. Jennison Associates LLC – 1.06% owner of the shares
9. Fidelity Management & Research – 0.99% owner of the shares
10. Northern Trust Investments Inc. – 0.78% owner of the shares
*Note the shareholding of the above-given companies may change from time to time
The Future Of The Company?
Tesla is also trying to overcome supply chain issues resulting from the pandemic just like other companies. Despite all these problems, Tesla Q4 showed the company to lay the groundwork for the company’s upcoming projects.
Is The Company Worth The Money?
Tesla is a completely hate-it or completely love-it kind of company. Many people think that the company will shut down soon due to the controversy and all other things which are unlikely to happen at this point due to good returns to shareholders and huge market capitalization. And on the other side, some people think that the company is changing the market of the electric market and the company will grow in the coming years.
It only depends on the taste of people in past years the company has suffered losses and in the current time the company is making a good profit for its investor. So if you like risks then you can invest in the company and if you are afraid of taking risks then you should not invest in the company But looking at the current situation of the company the future of the company looks bright.
Let’s Answer Some (FAQs)
1. Are the share price of Tesla expensive?
A. Yes share price of Tesla is expensive as compared to other automotive companies.
2. Is investing in Tesla a risk?
A. Looking at the current condition of the market it’s not a risk but if you consider the past condition of the market then investing in Tesla becomes risky
3. Will Tesla lose its revenue in the coming years?
A. Looking at HR current condition of the market the answer is no
4. Is Tesla a good company?
A. Yes Tesla is one of the best companies in its industry.
