Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi-truck. Tesla also plans to begin selling more affordable vehicles, and a sports car. Global deliveries in 2023 were a little over 1.8 million vehicles. The company also sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.

Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi-truck. Tesla also plans to begin selling more affordable vehicles, and a sports car. Global deliveries in 2023 were a little over 1.8 million vehicles. The company also sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.

President Biden has made it a priority to promote clean energy and established a goal for 50% of 2030 U.S. new vehicle sales to come from zero-emission vehicles. Bu there are disagreements on the pace of change, with EV advocates arguing that plans must be set in motion now so there is time to make a transition before irreparable harm is done to the environment. Climate-change doubters believe recent warmer temperatures are a statistical aberration. There are also differences in how best to achieve the goal of a healthier environment. In a recent report, McKinsey -- the influential global consulting firm -- said that the shift to electrification is irreversible. We agree. One debate is whether the U.S. should proceed towards the president's 2030 objective, accelerate the timetable (in light of China's rapid development), or implement change at a measured pace. The shortage of charging infrastructure is a major concern. There were about 162,000 charging ports in the U.S. in 1Q23, according to the U.S. Department of Energy. Some reports indicate the number needs to triple t by 2030. Other topics of conversation include: worries about driving range and charging times; concerns that EVs are too expensive; the possibility that lower-priced EVs are proving difficult to produce profitably by U.S.-based car companies; the possibility that change will lead to job losses in industries related to internal combustion vehicles; and significant concerns that the U.S. is far behind China in developing a supply chain to produce batteries at critical levels.

Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi-truck. Tesla also plans to begin selling more affordable vehicles, and a sports car. Global deliveries in 2023 were a little over 1.8 million vehicles. The company also sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.