Future of Tesla | Quantumrun

Future of Tesla

Tesla, Inc. is an American multinational corporation that specializes in electric vehicles, energy storage and solar panel manufacturing based in Palo Alto, California. 

Home Country: 
United States
Industry: 
Energy and mobility
Industry vulnerability to disruption: 

Belonging to the motor vehicles and parts sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the plummeting cost of solid-state batteries and renewables, the data crunching power of artificial intelligence (AI), the increasing penetration of high-speed broadband, and the falling cultural attraction to car ownership among millennials and Gen Zs will lead to tectonic changes in the motor vehicle industry.
*The first giant shift will arrive when the price tag for an average electric vehicle (EV) reaches parity with an average gasoline vehicle by 2022. Once this happens, EVs will take off—consumers will find them cheaper to run and maintain. This is because electricity is usually cheaper than gas and because EVs contain significantly less moving parts than gasoline-powered vehicles, resulting in less strain on internal mechanisms. As these EVs grow in market share, vehicle manufacturers will shift most-to-all of their business to EV production.
*Similar to the rise of EVs, autonomous vehicles (AV) are projected to attain human levels of driving capability by 2022. Over the following decade, car manufacturers will transition into mobility service companies, operating massive fleets of AVs for use in automated ride-sharing services—direct competition with services like Uber and Lyft. However, this shift toward ridesharing will lead to significant reductions in private car ownership and sales. (The luxury car market will remain largely unaffected by these trends until the late 2030s.)
*The two trends listed above will result in the reduced volume of vehicle parts sales, negatively impacting vehicle parts manufacturers, making them vulnerable to future corporate acquisitions.
*Moreover, the 2020s will see increasingly devastating weather events that will further drive environmental awareness among the general population. This cultural shift will lead voters to pressure their politicians to support greener policy initiatives, including incentives to purchase EV/AVs over traditional gasoline powered cars.

Total patents held: 
283
Number of patents field last year: 
3
Ranking List: 
117
Ranking List: 
2017 Quantumrun Global 1000
73
Ranking List: 
2017 Quantumrun US 500
10
Ranking List: 
2017 Quantumrun Silicon Valley 100
Market Revenue Country: 
Market country 
United States
Revenue from country 
0.60
Prod/Serv name revenue: 
Prod/Serv name: 
Automotive
Prod/Serv revenue: 
3740973000
Prod/Serv name: 
Services and other
Prod/Serv revenue: 
305052000
Founded: 
2003
Company Name: 
Tesla
Revenue: 
7000132000
3y average revenue: 
4748171000
Operating expenses: 
1432189000
3y average expenses: 
986027000
Company profile data note: 
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
Global employee count: 
17782
Number of domestic locations: 
110
Funds in reserve: 
3393216000
Investment into R&D: 
834408000
create term: 
#117 | 2017 Quantumrun Global 1000
#73 | 2017 Quantumrun US 500
#10 | 2017 Quantumrun Silicon Valley 100

Tesla, Inc. is an American multinational corporation that specializes in electric vehicles, energy storage and solar panel manufacturing based in Palo Alto, California. 

Home country:
United States
Sector:
Motor Vehicles and Parts
Industry:
Energy and mobility
Website:
Founded:
2003
Global employee count:
17,782

Financial Health

Revenue
$7,000,132,000 USD
3y average revenue
$4,748,171,000 USD
Operating expenses
$1,432,189,000 USD
3y average expenses
$986,027,000 USD
Funds in reserve
$3,393,216,000 USD
#1 Market country
United States
% of revenue from country #1
0.6%

Asset Performance

#1 Product/Service/Dept. name
Automotive
#1 Product/Service revenue
$3,740,973,000 USD
#2 Product/Service/Dept. name
Services and other
#2 Product/Service revenue
$305,052,000 USD

Innovation assets and Pipeline

Investment into R&D
$834,408,000 USD
Total patents held
283
Number of patents field last year
3
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.

Disruption Vulnerability

Belonging to the motor vehicles and parts sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the plummeting cost of solid-state batteries and renewables, the data crunching power of artificial intelligence (AI), the increasing penetration of high-speed broadband, and the falling cultural attraction to car ownership among millennials and Gen Zs will lead to tectonic changes in the motor vehicle industry.
*The first giant shift will arrive when the price tag for an average electric vehicle (EV) reaches parity with an average gasoline vehicle by 2022. Once this happens, EVs will take off—consumers will find them cheaper to run and maintain. This is because electricity is usually cheaper than gas and because EVs contain significantly less moving parts than gasoline-powered vehicles, resulting in less strain on internal mechanisms. As these EVs grow in market share, vehicle manufacturers will shift most-to-all of their business to EV production.
*Similar to the rise of EVs, autonomous vehicles (AV) are projected to attain human levels of driving capability by 2022. Over the following decade, car manufacturers will transition into mobility service companies, operating massive fleets of AVs for use in automated ride-sharing services—direct competition with services like Uber and Lyft. However, this shift toward ridesharing will lead to significant reductions in private car ownership and sales. (The luxury car market will remain largely unaffected by these trends until the late 2030s.)
*The two trends listed above will result in the reduced volume of vehicle parts sales, negatively impacting vehicle parts manufacturers, making them vulnerable to future corporate acquisitions.
*Moreover, the 2020s will see increasingly devastating weather events that will further drive environmental awareness among the general population. This cultural shift will lead voters to pressure their politicians to support greener policy initiatives, including incentives to purchase EV/AVs over traditional gasoline powered cars.