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Tesla (TSLA) – Share price chart, background, and sentiment |
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Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Tesla is by far the best known dedicated electric car manufacturer in the world, with the Model Y becoming the world’s best selling car in the first quarter of 2023. This is the culmination of a two decade growth story that took Tesla from speculative electric car start-up to major global manufacturer.
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Founded by American entrepreneurs Martin Eberhard and Marc Tarpenning, Tesla is more commonly associated with its now CEO and early backer Elon Musk, who has led the company since 2008. The company has produced a series of electric cars, most notably the Roadster, Model S, and now Model Y, with the models S and Y achieving success in the mass market. The majority of TESLA models are mid-range SUVs or Sedans, specifically aimed at the middle range of the car market, though they also produce a utility truck.
TESLA’s IPO took place on New York’s tech-focused NASDAQ exchange in 2010, and the share price has seen meteoric growth since, though markets have occasionally been shaken by failed attempts to take the company private by insiders. Early worries about the viability of the company’s business model faded at the end of the 2010s, as large numbers of cars began to be delivered, resulting in further price gains. This growth continued through the early 2020s, as Tesla positions itself at the forefront of the automobile industry.
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