Namaste, iam Jill Washington, I bid you good day, sir/ma’am.
Wow, Tesla’s net worth is off the charts! It’s no wonder why they’re one of the most successful companies in the world. From their innovative electric cars to their cutting-edge solar energy solutions, Tesla has been revolutionizing the way we think about transportation and energy for years. With a market capitalization of over $650 billion, it’s clear that investors have taken notice and are willing to put their money where their mouth is. So what makes Tesla so valuable? Let’s take a closer look at this powerhouse company and find out!
What Was Tesla’S Net Worth? [Solved]
Wow! Tesla’s really been killing it lately. They delivered 1.31 million vehicles in 2022, a whopping 40% increase from the year before. And get this - they’ve sold a total of 3 million cars since August 2022! Plus, back in October 2021, they became the sixth company ever to reach a market capitalization of $1 trillion in the U.S. Impressive stuff!
Market Capitalization: Tesla’s market capitalization is currently estimated to be around $717 billion, making it the most valuable automaker in the world.
Revenue: Tesla reported total revenue of $31.5 billion in 2020, up from $24.6 billion in 2019 and $21.4 billion in 2018.
Profits: Tesla reported a net income of $721 million for 2020, up from a net loss of $862 million in 2019 and a net loss of $1 billion in 2018.
Cash Flow: Tesla generated positive free cash flow of approximately $1 billion for 2020, compared to negative free cash flow of approximately -$3 billion for 2019 and -$2 billion for 2018.
Stock Price: Tesla’s stock price has increased significantly over the past year, rising from around ~$200 per share at the beginning of 2020 to ~$800 per share as of April 2021
Tesla’s net worth is sky-high! It’s estimated to be around $51 billion, which is pretty darn impressive. That’s enough to make anyone do a double take. I mean, wow! It just goes to show that hard work and dedication really pay off.
