Venkataratnam said that in his 11 years at the company, he has witnessed Tesla’s impressive growth “from humble beginnings to a dominant force in the electric vehicle segment.” In 2013, Tesla had revenues of less than $1 billion, a market cap of about $4 billion, and was shipping fewer than 3,000 vehicles per year. The company now has revenues of about $100 billion, a market cap of $700 billion, and ships about 1.8 million electric vehicles per year. Venkataratnam also shared some details about his work at Tesla in recent years.
According to him, he wants to leave his post to take a break. Venkataratnam modestly kept quiet that the above-described achievements took place during his time as Tesla’s CFO and vice president. He also participated in the launch of many electric car models and the development of Tesla energy products.
With Venkataratnam handling the finances, the company began investing in scaling operations and expanding into new markets across the world. He was the one who optimized all processes to ensure that the management of orders, staff, payroll, time, and suppliers was as efficient as possible.
Source: Ferra
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