Tesla Is Not a Car Company, It's a Leader in Sustainable Energy

Tesla's mission goes far beyond just making cars. The company's vision is to accelerate the world's transition to sustainable energy, which is why they're leading the charge in electric vehicles, solar power, and energy storage.

Tesla's solar panels have been installed on over 2 million homes worldwide, generating clean energy and reducing carbon emissions.

The company's energy storage products, like the Powerwall, allow homeowners to store excess energy generated by their solar panels and use it when needed, making them energy independent.

Tesla's electric vehicles are not just a mode of transportation, but also a way to reduce our reliance on fossil fuels and decrease greenhouse gas emissions.

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Elon Musk has a history of overestimating the demand for his products. Tesla's initial production estimates were overly optimistic, with the company expecting to produce 20,000 cars in 2013 but only managing 21,820.

Many of Tesla's early investors were also misled by Musk's projections. The company's IPO filing in 2010 claimed Tesla would reach profitability by 2013, but it didn't happen.

Tesla's focus on Autopilot technology has also led to a blind spot in the company's understanding of the automotive industry. The system has been plagued by issues, including a series of fatal crashes.

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Tesla is not a car company, but rather a power company that just happens to make electric cars. With its recent $2.8-billion offer for SolarCity, the commercial and residential solar panel company, Tesla CEO Elon Musk is taking the company one step closer to becoming a power company.

Musk's vision is to create a single retail outlet where customers can purchase solar panels, a Tesla Powerwall Home Battery, and a car to pump the electricity into. This approach makes sense, given the high cost of solar panels, which can run into thousands of dollars, and the Tesla Powerwall, which costs $3,500.

Tesla's $5 billion Gigafactory in Nevada will be pumping out not just electric car batteries, but also units destined for other commercial and domestic roles. This diversification of products is a key part of Musk's plan to make Tesla a leader in sustainable energy.

The success of Tesla remains largely linked to its cars, specifically the forthcoming Model 3 sedan, which is expected to begin production in the summer of 2017. However, Musk's goal is to catapult Tesla's production numbers from 50,000 today to 500,000, and this will require a broader range of products and services.

Musk's solution involves getting a lock on consumers who are early adopters of green tech and transportation. He's betting that Tesla owners will be interested in getting solar panels at home, and he's not wrong – after all, who wouldn't want to reduce their energy bills and carbon footprint?

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Tesla's mission is to solve a sustainable energy problem, not just make cars. With the acquisition of SolarCity, Tesla is now a power company, not just an automaker.

The company's CEO, Elon Musk, has made it clear that Tesla is not an automotive company, but rather a company that encompasses generation, storage, and electric transport. He owns a fifth of both SolarCity and Tesla stock, and sees the acquisition as a natural extension of Tesla's mission.

The deal for SolarCity is not just about selling solar panels, but also about creating a one-stop shop for consumers to purchase solar panels, a Powerwall Home Battery, and a car to pump the electricity into. This is a key part of Musk's business model, which involves getting a lock on consumers who are early adopters into green tech and transportation.

Tesla's Gigafactory in Nevada is not just producing batteries for electric cars, but also for other commercial and domestic roles. The factory is a massive undertaking, with a budget of $5 billion, and is set to pump out thousands of units.

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The success of Tesla remains largely linked to its cars, specifically the forthcoming Model 3 sedan, which is expected to begin production in the summer of 2017. The base price of the Model 3 is $35,000, and Musk hopes it will help catapult Tesla's production numbers from 50,000 to 500,000.