Tesla’s core battery technology includes Lithium Nickel Cobalt Aluminum (NCA) chemistries for premium vehicles and Lithium Iron Phosphate (LFP) for cost-effective models, with its latest 4680 cells offering increased size, energy density and reduced manufacturing costs used in Model Y and Cybertruck. Tesla leverages vertical integration and optimized manufacturing processes to lower production costs, and its battery applications include Powerwall, Powerpack and Megapack energy storage systems.
Tesla’s products include electric vehicles (Model S, Model X, Model 3, Model Y, upcoming Cybertruck), energy storage solutions (Powerwall, Powerpack, Megapack) and solar power products.
Tesla is constructing a lithium refinery in Texas to boost domestic battery-grade lithium hydroxide production and expanding its manufacturing capabilities with new Gigafactory developments.
Elon Musk holds 23.0% of Tesla, Vanguard Group owns 7.2%, and significant stakes are held by BlackRock and State Street. Early backers include Sergey Brin, Larry Page, Jeff Skoll, and Valor Equity Partners. Tesla is now a publicly traded company.
