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Tesla's Stock is Up Over 400% This Year.

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Oct 05, 2020

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Tesla's Stock is Up Over 400% This Year.

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Tesla announced the company will deliver 30-40% more vehicles from last year. Elon Musk also promised a $25,000 self-driving car by 2023. Tesla's market cap is now over 380 billion making it more than Ford, GM, and Toyota combined.

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Tesla’s mission is to accelerate the world’s transition to sustainable energy. Since its founding in 2003, Tesla has broken new barriers in developing high-performance automobiles that are not only the world’s best and highest-selling pure electric vehicles—with long range and absolutely no tailpipe emissions—but also the safest, highest-rated cars on the road in the world. Beyond the flagship Model S sedan and the falcon-winged door Model X sports utility vehicle, Tesla also offers a smaller, simpler and more affordable mid-sized sedan, Model 3, which it is expected will truly propel electric vehicles into the mainstream. In addition, with the opening of the Gigafactory and the acquisition of SolarCity, Tesla now offers a full suite of energy products that incorporates solar, storage, and grid services. As the world’s only fully integrated sustainable energy company, Tesla is at the vanguard of the world’s inevitable shift towards a sustainable energy platform.

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