TeslaTSLA
Tesla designs and makes electric vehicles, battery storage and solar — the world's best-known EV brand.
Past week: -7.18%
30-day price
Where the chart sits — description, not prediction
Trading below both its 50-day ($404.33) and 200-day ($417.53) averages — the longer-term trend reads as down. 30-day range $381.59–$445.27; currently in the lower third of that range. RSI(14) 36 — momentum weak.
Computed from daily closing prices (Yahoo Finance), June 23, 2026. Compare all markets →
What is Tesla?
Tesla, Inc. is an American company headquartered in Austin, Texas, that designs and sells battery electric vehicles along with energy storage (Powerwall, Megapack) and solar products. Founded on July 1, 2003 and named after inventor Nikola Tesla, it has been led by Elon Musk, its CEO since 2008.
Its models include the Model S, 3, X, Y and Cybertruck, built at Gigafactories in California, Texas, Shanghai and Berlin. Tesla delivered about 1.79 million vehicles in 2024, and its energy-storage business topped $10 billion in annual revenue for the first time that year.
What has moved Tesla
June 29, 2010 — IPO at $17
Tesla priced its IPO at $17 a share and began trading on the Nasdaq on June 29, 2010, raising about $226 million. Shares closed up 41% at $23.89 on day one — the first US carmaker to go public since Ford in 1956.
2020 — a roughly 700% surge
Tesla stock soared about 700% in 2020 as Gigafactory Shanghai opened, the company posted its first full-year profit ($721 million versus an $862 million 2019 loss), and investors anticipated its addition to the S&P 500.
August 31, 2020 — 5-for-1 stock split
Tesla split its stock 5-for-1 on August 31, 2020, cutting the price from about $2,213 to roughly $442. A second split, 3-for-1, followed on August 25, 2022, for a combined 15-to-1 versus the pre-2020 price.
December 21, 2020 — S&P 500 inclusion
Tesla joined the S&P 500 on December 21, 2020 as the largest company ever added at entry, with a market value above $600 billion. Index funds had to buy billions of dollars of stock, fueling demand into the event.
2023 — price cuts squeeze margins
From January 2023 Tesla repeatedly cut prices to defend demand. Automotive gross margin fell from about 33% in early 2022 to around 21% by early 2023, disappointing investors who had valued Tesla like a high-margin tech company.
October 10, 2024 — the robotaxi reveal
At its "We, Robot" event on October 10, 2024 Tesla showed the Cybercab and a Robovan but gave few specifics beyond a 2027 target. The stock fell more than 7% the next day as investors judged it a "sell the news" moment.
2024 — first annual delivery decline
After a record 1.81 million deliveries in 2023 (up 38%), Tesla delivered about 1.79 million in 2024 — its first annual decline as a public company — raising questions about demand and competition.
Notable moments
The 2008 Roadster proved EVs could be desirable
Tesla delivered its first car, the Roadster, in early 2008 at about $98,000. With a lithium-ion battery and 200-plus miles of range, roughly 2,450 were built through 2012, showing electric cars could be fast and fun rather than slow and dull.
"Production hell," 2017–2018
Musk warned of "production hell" as the mass-market Model 3 ramped in 2017. Tesla missed its 5,000-a-week target for months and nearly ran out of cash before hitting it in June 2018; Musk later admitted over-automation had been a mistake.
Gigafactory Shanghai, built in under a year
Tesla broke ground in Shanghai in January 2019 and delivered the first cars on January 7, 2020 — under 12 months. It became Tesla's highest-volume factory and China's first wholly foreign-owned car plant.
Common questions
What does Tesla actually make?
Battery electric vehicles (Model 3, Y, S, X and Cybertruck), home and grid battery storage (Powerwall and Megapack), solar panels and roofs, and Full Self-Driving software. This page is educational, not investment advice.
When did Tesla go public?
On June 29, 2010 at $17 a share on the Nasdaq; the stock closed at $23.89 that day. After 5-for-1 (2020) and 3-for-1 (2022) splits, one original share equals 15 today.
Is Tesla in the S&P 500?
Yes — it joined on December 21, 2020 as the largest company ever added to the index at the time, with a market value above $600 billion.
When did Tesla first turn a profit?
In 2020 Tesla posted its first full-year profit of $721 million, after an $862 million loss in 2019. It had never recorded an annual profit since its 2010 IPO before that.