Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles and energy generation and storage systems globally, with significant operations in the United States, China, and Europe. The company operates in two main segments: Automotive and Energy Generation and Storage. The Automotive segment offers a range of electric vehicles, including luxury and midsize sedans, crossover SUVs, a light truck, and a semi-truck, along with electric powertrain components and services. Tesla markets its vehicles through a network of company-owned stores and its website. The Energy Generation and Storage segment provides rechargeable lithium-ion battery systems for residential and commercial use, solar energy products, and vehicle insurance services. Tesla aims to accelerate the transition to electric mobility by increasing the availability and affordability of electric vehicles. Founded in 2003 and headquartered in Palo Alto, California, Tesla has established itself as a leader in the electric vehicle market and continues to expand its offerings and global presence.
Chairman of the Board, Chairman of the Audit Committee, Chairman of the Disclosure Controls Committee, Member of the Nominating and Governance Committee and Compensation Committee
Springpower is a manufacturing company providing clean cathode material to battery manufacturers.
ATW Automation
Acquisition in 2020
ATW Automation is a supplier assembling battery modules and packs for the auto industry.
Hibar Systems
Acquisition in 2019
Hibar Systems is an Ontario-based company that specializes in battery manufacturing. The company started as a small cell battery through a mechanized pump injection system. Hibar Systems was founded by German-Canadian engineer Heinz Barall and is headquartered in Richmond Hill, Ontario, Canada.
DeepScale is a technology company that develops perceptual systems for semi-autonomous and autonomous vehicles. It help automakers use industry-standard low-wattage processors to power more accurate perception. Alongside sensors, mapping, planning and control systems, perception, (sometimes referenced as “computer vision”) enables vehicles to make sense of what’s going on around them in real time.
Maxwell Technologies is in developing, manufacturing and marketing energy storage and power delivery solutions for automotive, heavy transportation, renewable energy, backup power, wireless communications and industrial and consumer electronics applications as well as for radiation-hardened microelectronic components and systems for satellites and spacecraft. Maxwell products are designed and built to provide failure-free performance for the life of the most demanding applications.
ZOLA Electric designs renewable energy solutions based on the latest in solar, battery and power electronics technology. Adaptable to energy need and income, ZOLA Electric’s solar systems can be bought over time using PAYGo micro-finance leasing and mobile money payments. ZOLA Electric powers more than 180,000 homes and businesses across Tanzania, Rwanda, Côte d’Ivoire and Ghana. Investors include Tesla, Vulcan Capital, DBL Partners, Helios Investment Partners, EDF, Total and GE Ventures. ZOLA Electric is a recipient of the UN Momentum for Change Award, the Zayed Future Energy Prize and is a member of the Global Cleantech 100.
Perbix is a maker of highly automated manufacturing equipment. Founded in 1976 as Perbix Machine Company, we’ve grown from a build-to-print shop to a leading provider of comprehensive manufacturing and engineering services including complete design and fabrication of automation systems, build-to-print equipment, custom machining of components, and contract manufacturing services.
Grohmann Engineering, in a deal that will see the global engineering leader become Tesla’s new Advanced Automation facility based in Germany, a new subdivision of the automaker dedicated to helping Tesla increase the automation and effectiveness of its manufacturing process.
SolarCity is a solar energy system provider that delivers reliable clean energy to homes and businesses. In 2016, Tesla acquired SolarCity. Following the merger, Tesla transformed SolarCity's business model, moving it to a fully online platform and incorporating it into its vehicles and battery systems.
The Company is a leading manufacturer of large scale, complex stamping die systems used to form sheet metal parts. Most of the stamping die systems sold by the company are used in the production of automobile and truck body parts such as doors, door frames, structural components and bumpers.
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