The company conducts business in North America, Asia, and Europe. While the domestic market continues to be its most important target market, Tesla was able to successfully tap into the Chinese and European markets, as well: The Netherlands contributed some 966 million U.S. dollars to Tesla's revenue in 2018. In terms of range, Tesla’s Model S remained the cream of the crop in 2018, and it is little surprising that the Model S was the best-selling all-electric car in the United States in 2017.
Tesla also has its own energy generation and storage segment. In July 2014, Tesla and Panasonic announced to participate in the construction and operation of the world's largest battery factory in the United States. Furthermore, the company is heavily involved in the development of driverless cars. However, Tesla’s autopilot technology has come under scrutiny after a failure caused fatal accidents in 2016 and 2019.