Tesla, Inc. is an American company that manufactures and sells electric cars, as well as power storage and photovoltaic systems. The company's goal is to โaccelerate the transition to sustainable energyโ. The company name is based on the physicist and inventor Nikola Tesla.
According to Tesla's latest financial reports the company has a price-to-book ratio of 11.3015. The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.