Source Of Revenue
So what other sources of revenue does Tesla have? Its sources of revenue can be divided into 3 main categories. First is the automotive. that includes the car sales. Apart from it, the Sale of Regulatory Credits is also included in it.
The second is Servicing. Servicing the cars is also a source of revenue for the company. And the third main source is the energy business of Tesla. You might already know that Tesla doesn’t sell cars only. It sells Solar Roof and Power Wall as well. The concept of the Solar Roof is quite simple. If you have to install solar panels in your home, you can get them from Tesla. The Power Wall has also been created with the perspective of renewable energy. If you have solar panels in your home, but if there isn’t much sunshine, where would you get electricity from? You need a place to store energy. Their Power Wall is an energy-storing device.
This Wall looks like this. Additionally, Tesla has plans to launch an electric truck. Cybertruck. They’re already working on it. There are also plans to launch a low-cost car model in the future. They haven’t disclosed its name yet. It will cost around $25,000. Even the middle-class people of America would be able to afford it. Combining all the revenue of Tesla, in 2020 it was around $32 billion. It is being estimated that in 2021, it will be around $45 billion.
