UBS has expressed doubt about Tesla's market position, emphasizing the company's primary focus on electric vehicle design, manufacturing, and marketing.
Motor vehicle sales make up 81.1% of total revenue, while services contribute 8.6%. Tesla is also expanding its business in powertrain components for electric vehicles, as well as energy production and storage systems, which account for 6.2% of sales. The company generates revenue through vehicle leasing (2.2%) and vehicle loans (1.9%).
By the end of 2023, Tesla plans to operate seven production sites in the USA, China, and Germany, with sales distribution of 46.7% in the USA, 22.5% in China, and 30.8% in other regions.