Tesla makes the electric vehicles called Model S, Model 3, Model X, and Model Y.
Tesla is an electric-vehicle and clean-energy company founded in 2003. Its first production vehicle, the Roadster, used a modified Lotus Elise platform and demonstrated that a battery-powered sports car could achieve substantial range.
The Model S sedan, Model X SUV, Model 3 sedan, and Model Y crossover became Tesla’s best-known vehicle lines. The company also develops battery storage products, solar-energy systems, charging infrastructure, and software features for its vehicles.
Tesla’s market capitalization has often reflected expectations about future vehicle production, autonomy, batteries, and energy businesses, not just current car sales. Tesla is distinct from BYD, another major electric-vehicle manufacturer based in China.