Full-Time
EVs and integrated renewable energy solutions
No salary listed
Austin, TX, USA
In Person
Daily regional travel required.
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Tesla designs and sells electric vehicles and renewable energy products. Its cars (Model S, 3, X, Y, and Roadster) run on battery power, with a semi-autonomous Autopilot driving system and a global network of fast-charging stations called Superchargers. The company also provides solar panels, Solar Roof, and energy storage products (Powerwall, Powerpack, Megapack) to generate and store clean energy for homes and businesses. Tesla operates with a vertically integrated model, manufacturing key components (batteries, drivetrains) and selling directly to customers via its website and stores, while earning revenue from vehicle and energy product sales and regulatory credits. Its goal is to speed up the world’s transition to sustainable energy by combining mobility and energy solutions in one ecosystem.
Company Size
10,001+
Company Stage
IPO
Headquarters
Austin, Texas
Founded
2003
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Remote Work Options
Flexible Work Hours
Elon Musk said SpaceX will use approximately 75% of output from Tesla's new Terafab semiconductor facility in Grimes County, Texas, with the remaining 25% going to Tesla's Optimus robot. The facility targets 1 terawatt of annual AI compute capacity at full scale. Musk said the compute output would support SpaceX's "AI spacecraft". He noted that 3,000 jobs announced for the facility represent only phase one of ten planned phases. The billionaire explained Texas was chosen over California for the site, stating "major new construction projects are de facto illegal in California", without providing additional details to support the claim. The facility will be crucial to Tesla's future vision, according to promotional materials shared on social media.
Tesla shares surged approximately 6% last week as retail investors bought the dip, injecting about $372 million into the stock over five trading days compared to $121 million the previous week, according to J.P. Morgan data cited by Barron's. This helped stabilise the stock after a 24% decline over three weeks, including an 18% drop following second-quarter earnings. Retail investors own roughly 40% of Tesla's tradable shares, double the typical retail ownership in major technology stocks. The company's second-quarter operating profit came in at approximately $400 million, significantly below Wall Street's $1.7 billion estimate. Despite retail support, Tesla shares remain down around 27% in 2025, trading at approximately 194 times estimated 2025 earnings.
Elon Musk's Tesla and SpaceX have confirmed plans for Terafab, a semiconductor megafactory in Grimes County, Texas. The facility will span over 100 million square feet, making it larger than China's New Century Global Center and the Pentagon combined. The companies have committed $16.8 billion for phase one, with a potential ceiling of $119 billion across multiple phases. However, SpaceX's binding commitment is $5 billion by 2030 and 1,800 jobs by 2035. Intel has also joined the project but hasn't disclosed its investment amount. Terafab will manufacture logic and memory chips to support production of Optimus robots, Cybercabs, and space-based data centres. The facility aims to produce over 1 terawatt of compute annually. Early production is expected in 2027, with mass production targeted for 2028. Texas has provided a $30 million grant to support the project.
Tesla's UK vehicle deliveries fell 9% to 45,239 units in 2025, whilst sales dropped 6% to £1.83 billion, according to accounts for the company's UK subsidiary. This follows a 21% revenue decline in 2024. The drop comes as Chinese rivals gain market share in Britain. The Jaecoo E5, made by Chery International, became the third most popular electric car in July, with none of Tesla's models featuring in the top 10. The E5 starts at £27,505, compared to around £38,000 for a Tesla Model 3. Unlike the EU and US, the UK has not imposed tariffs on Chinese electric vehicles. Globally, Tesla's second-quarter profits fell 17% to $1.2 billion amid pricing pressures and reduced income from credits.
SpaceX purchased $295 million of Tesla Megapack batteries during the second quarter, bringing first-half purchases to $329 million, according to a quarterly filing. The rocket maker had already bought $506 million worth of batteries and $131 million of Cybertrucks by end-2025. The timing suggests the batteries support xAI's data centres after SpaceX absorbed the AI company in February. Tesla says Megapacks provide reliable data-centre power and balance electricity supply. SpaceX's first earnings since its June IPO showed revenue nearly doubled to $7.81 billion. The AI segment generated $2.56 billion in revenue but lost $1.26 billion operationally. Total capital spending reached $18.37 billion, including $15.83 billion for AI infrastructure. Analysts now place odds of a Tesla-SpaceX merger between 80% and 90%.