Tesla makes the Model S, Model 3, Model X, and Model Y electric cars.
Tesla introduced the Roadster in 2008 before developing the Model S sedan, Model X sport utility vehicle, Model 3 sedan, and Model Y crossover. The Model 3 and Model Y were designed for higher-volume production than Tesla’s earlier vehicles and became especially important to the company’s deliveries.
Tesla also develops battery-storage systems, solar products, charging equipment, and software. Its valuation has often exceeded that of many established automakers, even though its production volume is smaller than the largest traditional manufacturers. Investors have valued both its vehicle business and possible future growth in energy, autonomy, and software, making its market capitalization unusually sensitive to expectations.