Tesla has revolutionized the automotive industry, pioneering electric vehicles. Tesla sold over 1.8 million vehicles in 2023, more than 500K cars compared to 2022.
Further, Tesla’s net income increased by 700% in 2021 and has steadily increased since then.
With autopilot features, ambitious expansion, and new factories, Tesla managed to get 40th position in the Fortune 500 list.
Let’s get into the details of the Tesla cars, their production, sales, and 2025 trends in the sections below.
Tesla Statistics 2025: At A Glance
- Tesla produced 1.845 million vehicles and sold 1.808 million cars.
- Since its launch, Tesla has sold more than 6.2 million vehicles to date.
- Tesla generated a total revenue of $96.77 billion in 2023.
- Tesla generated a net income of 14.999 billion in 2023.
- Tesla’s current market value is $809.93 billion.
- Tesla owns 17% share of the global electric vehicle market.
- Tesla has more than 50,000 superchargers worldwide, with 5,500 supercharger stations.
- Tesla Autopilot has been involved in 736 vehicle crashes since 2019.
About Tesla
Launched in | 2003 |
Founders | Martin Eberhard and Marc Tarpenning |
Owner | Elon Musk (21%) |
Headquarters | Austin, Texas, U.S. |
Production | 1.845 million vehicles (in 2023) |
Sale | 1.808 million vehicles (in 2023) |
Revenue | $96.77 billion |
Market cap | $809.93 billion |
Number of employees | 140,500 |
Tesla Car Production
Tesla produced more than 1.845 million cars by the end of 2023.
In 2022, the number of Tesla vehicles produced witnessed a huge jump of 400,000 due to the rise in demand for Tesla vehicles.
1) Tesla Produced 433,371 Vehicles In The First Quarter Of 2024
Compared to Q4 of 2023, the production was 12.4% less. Also, this is a 1.7% y-o-y decline compared to 2023.
Still, this is a huge win for Tesla, considering the number of vehicles produced in 2019 was just 365,284. The company witnessed an increase of 1 million vehicles produced in just three years.
Here is a table showing the number of Tesla vehicles produced over the years.
Year | Number of Tesla Vehicles Produces |
---|---|
Q1 2024 | 433,371 |
2023 | 1,845,985 |
2022 | 1,369,611 |
2021 | 930,422 |
2020 | 509,737 |
2019 | 365,284 |
2018 | 254,530 |
2017 | 101,027 |
2016 | 83,922 |
How Many Cars Did Tesla Sell In 2023?
Tesla sold more than 1.808 million vehicles in 2023.
Besides, the brand has sold 6.2 million vehicles to date.
With the launch of the Model 3/Y, Tesla sales rose by more than 0.1 million. After observing the number of increases in Tesla sales, it is evident that the company will soon witness sales of more than 2 million Tesla vehicles each year.
2) Tesla Sold 386,816 Cars In Q1 2024
Tesla sold more than 595K vehicles in 2023 compared to total sales in 2022.
Model 3/Y and Model X/S were responsible for most of the Tesla sales made in 2022 and 2023.
In 2008, Tesla managed to sell only 100 cars from the Roadster model. Later, with the launch of Model S, Tesla sales jumped by over 2000.
The following table displays the number of Tesla sales recorded over the past years.
Year | Total Sales | Vehicle Models |
---|---|---|
2008 | ~100 | Roadster |
2009 | ~900 | Roadster |
2010 | ~400 | Roadster |
2011 | 774 | Roadster |
2012 | 3,000 | Roadster, Model S |
2013 | 22,477 | Model S |
2014 | 31,655 | Model S |
2015 | 50,658 | Model S, Model X |
2016 | 76,285 | Model S, Model X |
2017 | 103,181 | Model X/S, Model 3 |
2018 | 245,240 | Model 3/Y, Model X/S |
2019 | 367,500 | Model 3/Y, Model X/S |
2020 | 499,550 | Model 3/Y, Model X/S |
2021 | 936,950 | Model 3/Y, Model X/S |
2022 | 1,313,581 | Model 3/Y, Model X/S |
2023 | 1,808,592 | Model 3/Y, Model X/S |
Q1 2024 | 386,816 | Model 3/Y, Model X/S |
Source: Statista, Tesla, Trdiens technology.
3) Tesla’s Model 3 Is The Best-Selling Electric Vehicle In The World, With Sales Of Over 1.2 Million Vehicles
Launched in 2012, the Tesla Model 3 accounted for 14% of all global electric vehicle sales in 2019. Further, in June 2021, it became the first electric car to reach 1 million units sold.
Model 3 was also the 10th best-selling car in 2021. Experts predict that it could break into the top five within the next few years.
Source: Wikipedia, World Population Review.
Tesla Sales By Country
Tesla operates nearly 400 stores and galleries in more than 35 countries worldwide. Its biggest markets as of 2023 are the United States, China and Germany.
Here are further details about the Tesla sales recorded in different countries worldwide.
4) Tesla Sold 674,924 Vehicles In The United States In 2023
This was the highest number of vehicles sold in a country in the year.
The second-highest sales of Tesla cars in 2023 was in China, with 603,664 cars sold.
Other countries that witnessed the highest Tesla vehicle sales are Australia, Germany, the UK, and France.
Here is a table displaying the number of Tesla vehicles sold in different countries worldwide (Jan to May 2024).
Country | Number Of Teslas Sold |
---|---|
United States | 232,400 |
China | 219,056 |
Australia | 18,433 |
Germany | 16,601 |
United Kingdom | 16,272 |
France | 15,679 |
Canada | 14,950 |
Belgium | 8,495 |
Netherlands | 8,304 |
Norway | 6,826 |
Source: World Population Review.
5) Tesla Sold 267,171 Model Ys In The First Quarter Of 2023, Of Which 94,469 Were Sold In China
China was the top market for Tesla Model Y, the world’s best-selling car in Q1 2023. In the United States and Europe, Tesla sold 83,664 and 71,114 Model Ys, respectively.
Overall, the United States is the biggest market for Tesla, but it does not provide a regional breakdown of its global sales.
Musk recently told CNBC that growing tensions between China and the United States “should be a concern for everyone.” Hence, Tesla recently held talks with Indian officials about building a new factory in India.
Source: Reuters.
How Many Tesla Cars Were Delivered In 2023?
Tesla sold a total of 1.80 million cars in 2023. The fourth quarter of 2023 recorded the highest number of sales in a single quarter, with 484,562 cars sold.
Observing the number of Tesla sales and Tesla deliveries, we found that most of the Tesla vehicles are delivered either through express delivery, Carrier delivery, or direct delivery.
6) Tesla Delivered 1,808,592 Vehicles In 2023
435,060 Tesla vehicles were delivered in the third quarter of 2023. Meanwhile, the first and second quarters witnessed the delivery of 423,000 and 466,140 Tesla vehicles, respectively.
Besides, in 2022, 1.31 million Tesla vehicle deliveries were recorded. This was an increase of 378,000 compared to the previous year.
Here is a table showing the number of Tesla deliveries recorded over the years.
Year | Number of Tesla Deliveries |
---|---|
2023 | 1,808,600 |
2022 | 1,314,000 |
2021 | 936,000 |
2020 | 499,000 |
2019 | 367,200 |
2018 | 244,900 |
2017 | 103,100 |
2016 | 75,900 |
Source: Statista.
Tesla Revenue
Tesla generated a total revenue of 96.77 billion US dollars in 2023. The company generated more than $15.3 billion in 2023 compared to the total revenue in 2022.
7) Tesla Generated Revenue Of $96.77 Billion In 2023
This was a huge 18.8% YoY increase compared to the last year.
Apart from that, Tesla generated $25.16 billion and $23.35 billion in revenue in Q4 and Q3, respectively.
Further, in 2022, Tesla generated a total revenue of $81.46 billion.
The following table displays further details about the revenue generated by Tesla over the years.
Year | Tesla’s Revenue |
---|---|
2024 (As of Q2) | $46.8 billion |
2023 | $96.77 billion |
2022 | $81.46billion |
2021 | $53.82billion |
2020 | $31.54 billion |
2019 | $24.58 billion |
2018 | $21.46 billion |
2016 | $11.76 billion |
2015 | $7.00 billion |
2014 | $4.05 billion |
Source: Tesla, Macrotrends.
Tesla Net Income
Tesla generated net profit for the first time in 2020. In the next year, the company witnessed a 7 times increase in its net income.
Further, in 2022, Tesla witnessed a 127% increase in income.
8) Tesla Generated A Net Income Of $14.99 Billion In 2023
At the same time, Tesla’s net income for the twelve months ending September 30, 2023 was $10.793 billion.
In 2022, Tesla generated a net income of $12.583 billion. This was an increase of 127.79% compared to 2021.
Here are further details about the net income generated by Tesla over the years.
Year | Net Income |
---|---|
2023 | 14,999 million |
2022 | 12,556 million |
2021 | 5,519 million |
2020 | 721 million |
2019 | -862 million |
2018 | -976 million |
2017 | -1,962 million |
Source: Statista, Macro trends.
Tesla Market Cap
Tesla’s market cap is $809.93 billion.
The company witnessed a 783.42% increase in its market cap in 2020. Its market cap increased from $75.71 billion in 2019 to $668.90 billion in 2020.
Some of the technical factors that boosted Tesla’s market cap were greater retail investor interest in the stock, the inclusion of the S&P 500 index, and a general pivot to higher-growth stocks through the Covid-19 recession.
9) The Market Value Of Tesla Is $809.93 Billion
This makes Tesla the 12th most valuable company worldwide based on market cap.
Tesla’s market capital increased by 95.56% in 2023.
Comparatively, its market cap witnessed a downfall of 63.35% in 2022. The market value of Tesla decreased from $1.061 trillion in 2021 to $388.97 billion in 2022.
Here are further details about the Mraket cap of Tesla recorded over the years.
Year | Tesla’s Market Cap |
---|---|
2024 | $809.93 billion |
2023 | $760.68 billion |
2022 | $388.97 billion |
2021 | $1.061 trillion |
2020 | $668.90 billion |
2019 | $75.71 billion |
2018 | $57.44 billion |
2017 | $52.32 billion |
Source: Companies Market cap, Forbes, Investopedia, Ycharts.
Tesla Market Share
Tesla has made a stronghold in the Electric Vehicle industry worldwide. It is preferred by nearly 2 out of 5 electric vehicle users.
However, due to the unavailability of Tesla vehicles worldwide, its market share dropped in the automotive industry.
Here are further details about Tesla’s market share.
10) Tesla Owns A 17% Share Of The Global Electric Vehicle Market As Of Q2 2024
This is a decline of 3% compared to the previous quarter.
In Q1 2024, Tesla owned a share of 20% in the global electric vehicle market. This share reduced to 16% in Q4 2023.
This decline brings Tesla’s share in the global EV market to the same level that was recorded at the end of 2022.
The following table provides further details about the market share of Tesla recorded in Q2 2024.
Electric Vehicle Group | Market Share in Q2 2024 | Market Share in Q1 2024 | Market Share in Q4 2023 |
---|---|---|---|
Tesla | 17% | 20% | 16% |
BYD Auto | 17% | 15% | 18% |
Geely Holdings | 7% | 8% | 6% |
Others | 59% | 57% | 60% |
Source: Counter Point Research.
11) Tesla’s Share In The US Electric Vehicle Market Fell To 50% In The Third Quarter Of 2023
This was nearly down from the 65% market share recorded in 2022.
Tesla had cut prices on its popular models and witnessed a rise in its sales by 20% in Q3. But this wasn’t enough to sustain higher shares in the EV market as the competition grew.
New competitors, including EV startups and traditional automakers like Hyundai, BMW, and Mercedes, have released their electric models.
Source: Invcestopedia.
12) Tesla Owns 3.26% Of The Automobile Market Share In The United States
At the same time, the brand owns 1.12% of the automotive market share worldwide.
This share isn’t bad, considering Tesla is a pure EV manufacturer and operates in just 35 marketers globally.
Here are further details about the automobile market leaders worldwide.
Automobile Brand | Market Share |
---|---|
General Motors | 16.89% |
Toyota Motor Corp | 14.46% |
Ford Motor Company | 13% |
Hyundai Kia Auto Group | 10.79% |
Stellantis – FCA | 9.98% |
Honda Motor Company | 8.52% |
Nissan Motor Co | 5.89% |
Subaru Corporation | 4.14% |
Volkswagen Group | 4.13% |
Tesla | 3.26% |
BMW Group | 2.59% |
Tesla Chargers
Tesla’s superchargers are able to recharge for up to 200 miles in just 15 minutes. Plus, they cost less than gasoline, making them more affordable for owners.
They have a maximum charging rate of 250kW and can charge 25% faster with battery reconditioning.
Here are further cool facts about Tesla’s superchargers.
13) Tesla Has More Than 50,000 Superchargers Worldwide
Tesla operates 5,500 supercharger stations with more than 50,000 connectors worldwide.
This is a 33% YoY growth in the number of Tesla chargers worldwide.
The network of chargers is primarily deployed in three regions: Asia Pacific, Europe, and North America.
Here are further details about the number of Tesla superchargers and Tesla stations worldwide.
Year | Supercharger Connectors | Supercharger Stations |
---|---|---|
2023(as of Q3) | 50,000 | 5,500 |
2022 | 42,419 | 4,678 |
2021 | 31,498 | 3,476 |
2020 | 23,27 | 2,564 |
Source: Statista.
14) 17,000 Tesla Chargers Are In The United States
The United States has the highest number of Tesla chargers worldwide. China and Canada closely follow it.
Meanwhile, the United Kingdom has 1,100 Tesla chargers in the country.
The following table provides the number of Tesla chargers located in different countries globally.
Country | Number of Tesla Chargers |
---|---|
United States | 17,000 |
China | 1,500 |
Canada | 1,490 |
United Kingdom | 1,100 |
South Korea | 570 |
Italy | 400 |
Germany | 157 |
France | 100 |
Norway | 100 |
Sweden | 42 |
Source: Inside EVs, US news, Electric Autonomy, Tesla.
How Much Does It Cost To Charge A Tesla?
The cost of charging Tesla may vary according to your vehicle model and the country you are in. However, on average, you can charge your Tesla car fully for $16.
Charging your Tesla vehicles up to 80% is sufficient as you can cover long drives with that.
Here are further details about the cost required to charge your Tesla vehicles.
15) On Average, Charging Tesla Vehicles Costs $15.52
However, depending on the car model, charging a Tesla may cost between $10.95 to $18.14
Tesla costs less than 5 cents per mile compared to other electric vehicles.
Here are further details about the costs required to charge Tesla vehicles.
Tesla Car Model | Cost To Fully Charge |
---|---|
Model 3 | $10.95 |
Model S | $17.83 |
Model X | $17.99 |
Model Y | $17.99 |
Source: Energysage.
Tesla Car Accidents
A recent study by the University of California, Berkeley, found that Tesla Autopilot reduces accident rates by 50%, showcasing AI’s transformative potential in automotive safety.
But is it good as they claim it to be? Because no technology is perfect!
Here are further details about the figures related to Tesla accidents.
16) Tesla Autopilot Has Been Involved In 736 Vehicle Crashes Since 2019
These crashes included 17 fatalities. 11 of them were recorded after May 2022
Source: Washington post, Car, and Driver.
17) Tesla Car Records One Crash For Every 4.85 Million Miles Driven On Autopilot Mode
Comparatively, one crash is recorded for every 1.40 million miles driven when the driver is not using autopilot mode.
Quarter | Miles Drove Per Accident With Autopilot Mode | Miles Drove Per Accident Without Autopilot Mode |
---|---|---|
Q4 2022 | 4.85 million | 1.40 million |
Q3 2022 | 6.26 million | 1.71 million |
Q2 2022 | 5.10 million | 1.54 million |
Q1 2022 | 6.57 million | 1.21 million |
Q4 2021 | 4.35 million | 1.52 million |
Q3 2021 | 5.54 million | 1.58 million |
Q2 2021 | 4.94 million | 1.36 million |
Q1 2021 | 4.64 million | 0.984 million |
Source: Tesla.
How Many Employees Does Tesla Have?
The number of Tesla employees jumped from 127,855 to 130,000 in 2023. This was an approximate increase of 2,200 in the number of employees.
However, in 2020 the number of employees working at Tesla increased by 47.36%, denoting the highest increase. Meanwhile, in 2019, Tesla witnessed a decline in the number of employees by 1.64%.
18) Tesla Has More Than 140,473 Employees As Of 2023
This is an increase of nearly 12,618 employees in 2023. In 2022, Tesla had 127,855 employees in 2022.
The number of employees in 2022 increased by 28.77%, while that in 2021 increased by 40.33%.
Here are further details about the number of Tesla employees recorded over the past years:
Year | Number of Tesla Employees |
---|---|
2023 | 140,473 |
2022 | 127,855 |
2021 | 99,290 |
2020 | 70,757 |
2019 | 48,016 |
2018 | 48,817 |
2017 | 37,543 |
2016 | 17,782 |
2015 | 13,058 |
Source: World of Statistics.
Other Tesla Statistics
19) The Tesla Model 3 and the Tesla Model Y drive system have an efficiency of around 97%.
20) Tesla launched its first car in 2008.
21) The Tesla Model S has the longest battery range.
22) Tesla is the 12th Biggest Company in the World
23) The Average Salary at Tesla Inc. Is About $134K.
Conclusion: Tesla Sold Over 6.2 Million Vehicles To Date
Tesla continues to dominate the electric vehicle market, delivering over 1.8 million cars in 2023 and generating $96.77 billion in revenue. While its global EV market share has declined to 17% due to increased competition, Tesla remains a leader in the US market.
With over 50,000 Superchargers worldwide and a focus on innovation, Tesla maintains its position as a pioneer in the EV industry. However, the company faces challenges, including autopilot safety concerns and market share pressure from competitors.