Tesla, Inc. has been given a sell rating by UBS due to its ongoing development, production, and sale of electric vehicles.

The breakdown of net sales shows that the majority, 81.1%, comes from motor vehicle sales, while services such as maintenance and repair account for 8.6%. In addition, Tesla is expanding its offerings in energy generation and storage systems, which contribute 6.2% to sales, along with vehicle leasing at 2.2% and automotive loans at 1.9%.

As of the end of 2023, Tesla operates seven production sites globally, with five in the United States and others in China and Germany. The geographical distribution of net sales reveals a significant reliance on the U.S. market, which represents 46.7% of total sales, followed by China at 22.5%, and other regions making up 30.8%. This diverse operational footprint showcases Tesla's strategic positioning in the rapidly evolving electric vehicle market.