Tesla in 4 Charts
The stock of electric vehicle maker Tesla (NASDAQ: TSLA) may be the most controversial in the market. Founded in 2003 and a public company since 2010, Tesla is the first new car company in the U.S. to go public since 1956. As you might have heard by now, Tesla's entrance has shaken up the entire U.S. and global auto industry by making electric vehicles "cool." But its disrupter status has also attracted a fair amount of naysayers, who point to the company's lack of profitability as it tries to upend an entire established industry from scratch.
Tesla made its initial big splash with the luxury Roadster in 2008, then followed up this concept car with the 2012 release of the Model S, a high-end sedan at prices starting around $75,000. Three years later, in 2015, Tesla released the Model X, a luxury SUV starting at just over $80,000. But the biggest product release came in mid-2017, when Tesla released its first mass-market vehicle,the Model 3, which starts at $35,000. The next model will be the Model Y, a crossover vehicle, or "CUV," which will have a slightly higher price than the Model 3, but will also be more profitable. Its production is set for the fall of 2020. Then there are also plans for a future Tesla pickup truck and a Tesla semitruck as well.
Source Fool.com
